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Clene Inc. Regains Compliance with Nasdaq Listing Rules

Strategic Insights

— 1 min read

Clene Inc. has recently regained compliance with the Nasdaq Listing Rules, according to a FORM 8-K filing with the U.S. Securities and Exchange Commission. The company's market value of listed securities had been below $35 million for 10 consecutive business days, but as of June 17, 2025, it has met the minimum requirement to maintain its listing on the Nasdaq Capital Market. This compliance restoration is a significant development for Clene Inc., enabling it to continue trading on the Nasdaq Capital Market without any disruptions.

Key Takeaways:

  • Clene Inc. filed a FORM 8-K with the U.S. Securities and Exchange Commission on July 17, 2025, announcing its return to compliance with Nasdaq Listing Rule 5550(b)(2).
  • The company's market value of listed securities had fallen below $35 million for 10 consecutive business days from June 2, 2025 to June 16, 2025.
  • Clene Inc. regained compliance with the listing rule after its market value of listed securities reached $35.0 million or greater.
  • The company received a notice from the Nasdaq Stock Market LLC on June 17, 2025, confirming its compliance with the listing rule.
  • Robert Etherington, President and Chief Executive Officer of Clene Inc., signed the FORM 8-K filing on June 17, 2025, indicating the company's compliance with the Securities Exchange Act of 1934.

Statistics:

  • June 2, 2025, marked the start of the 10 consecutive business days during which Clene Inc.'s market value of listed securities fell below $35 million.
  • The market value of Clene Inc.'s listed securities reached $35.0 million or greater as of June 17, 2025.
  • The Nasdaq Stock Market LLC notified Clene Inc. of its compliance with the Nasdaq Listing Rule 5550(b)(2) on June 17, 2025.
  • Clene Inc.'s common stock, symbol CLNN, and warrants to acquire one-fortieth of one share of common stock, symbol CLNNW, are listed on the Nasdaq Capital Market.

Sources:

  • United States Securities and Exchange Commission (SEC)

* Form 8-K: CLENE INC.

  • Nasdaq Stock Market LLC
  • Rule 5550(b)(2)

* Securities Exchange Act of 1934

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