ClearOne is trading at $7.00 (5.8% up) as traders continue to react to its July reverse-merger agreement with Cortigent and planned rebrand to Cortigent Holdings.
- The stock remains highly volatile after previously surging over 100%, with investors repricing the new ownership structure and future Nasdaq relisting under the ticker CRGT.
- The transaction includes a planned $10-$15 million financing round tied to the completion of the deal.