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ClearSign Combustion Corporation (NASDAQ: CLIR) recently filed documents with the U.S. Securities and Exchange Commission, officially announcing a reverse stock split plan at a ratio of 1-for-10.

ClearSign Combustion Corporation (NASDAQ: CLIR) recently filed documents with the U.S. Securities and Exchange Commission, officially announcing a reverse stock split plan at a ratio of 1-for-10.

老虎证券老虎证券2026/03/10 20:51
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This major capital structure adjustment measure of the company is expected to take effect officially on March 16, 2026. After the reverse stock split, every 10 existing ordinary shares held by shareholders will be consolidated into 1 new share. The equity structure will be adjusted accordingly, and the total number of outstanding shares will be reduced proportionally, while the par value per share will remain unchanged. This move aims to increase the trading price per share, optimize capital market performance, and comply with listing regulatory requirements. The resolution has been approved by the board of directors and will be automatically executed through the depositary trust company. Shareholders do not need to take any additional action; existing share certificates will remain valid or will be uniformly replaced with new certificates by the company's appointed transfer agent. The trading code will remain unchanged after the stock split, but the trading price will be adjusted proportionally.
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