ClearSign Technologies announces 1-for-10 reverse stock split
ClearSign Technologies Corporation (NASDAQ:CLIR) has announced a 1-for-10 reverse stock split of its common stock, effective March 16, 2026, to regain compliance with Nasdaq's minimum bid price requirement. This action will reduce outstanding shares from approximately 54.1 million to 5.41 million, with proportional adjustments to stockholder rights and equity awards. The company, facing financial headwinds and rated "WEAK" by InvestingPro, aims to increase its per share trading price which currently stands at $0.57.