Annuncio • May 06
ClearSign Technologies Corporation to Report Q1, 2026 Results on May 20, 2026 ClearSign Technologies Corporation announced that they will report Q1, 2026 results on May 20, 2026 Annuncio • Apr 30
ClearSign Technologies Corporation, Annual General Meeting, Jun 08, 2026 ClearSign Technologies Corporation, Annual General Meeting, Jun 08, 2026. Annuncio • Mar 26
ClearSign Technologies Corporation to Report Q4, 2025 Results on Apr 09, 2026 ClearSign Technologies Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 09, 2026 Annuncio • Nov 06
ClearSign Technologies Corporation to Report Q3, 2025 Results on Nov 19, 2025 ClearSign Technologies Corporation announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 19, 2025 Annuncio • Oct 01
Nasdaq Grants ClearSign Technologies' Request for 180-Day Extension to Regain Compliance with the Bid Price Rule On September 30, 2025, ClearSign Technologies Corporation received a second letter from Nasdaq granting the Company's request for a 180-day extension to regain compliance with the Bid Price Rule. The Company now has until March 30, 2026, to meet the requirement. As part of the Company's request for the 180-day extension, the Company notified Nasdaq that it intends to regain compliance with the Bid Price Rule by effecting a reverse stock split, if necessary. If at any time prior to March 30, 2026, the bid price of the Company's common stock closes at $1 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule. If the Company does not regain compliance with the Bid Price Rule during the additional 180-day extension, Nasdaq will provide written notification to the Company that its common stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules. However, there can be no assurance that, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful. The Company will continue to monitor the closing bid price of its common stock and evaluate its available options to regain compliance with the Bid Price Rule. Nasdaq's extension notice has no immediate effect on the listing or trading of the Company's common stock, which continues to trade on the Nasdaq Capital Market under the ticker symbol CLIR". Annuncio • Aug 09
ClearSign Technologies Receives Non-Compliance Notice from Nasdaq Regarding the Board of Directors Independence Requirements On August 8, 2025, ClearSign Technologies Corporation (the ‘Company’) received a notice (the ‘Notice’) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (‘Nasdaq’) stating that the Company is not in compliance with the board of directors independence requirement set forth in Nasdaq Listing Rule 5605(b)(1) and the audit committee composition requirement set forth in Nasdaq Listing Rule 5605(c)(2)(A) (collectively, the ‘Nasdaq Composition Requirements’) due to the resignations of Catharine M. de Lacy and Judith S. Schrecker from the Company’s board of directors (the ‘Board’). Specifically, when the Notice was issued, the Board did not have a majority of directors that would be considered ‘independent directors,’ as that term is defined in Nasdaq Listing Rule 5605(a)(2), and the Audit and Risk Committee of the Board (the ‘Audit Committee’) consisted of only two independent directors, rather than the minimum three independent directors as required by Nasdaq Listing Rule 5605(c)(2)(A). The Company intends to regain compliance with the Nasdaq Composition Requirements by appointing a new director to the Board and Audit Committee who meets the independence requirements under Nasdaq rules and Rule 10A-3(b)(1) under the Securities Exchange Act of 1934, as amended (the ‘Exchange Act’). Consistent with Nasdaq Listing Rules 5605(b)(1)(A) and 5605(c)(4), Nasdaq has provided the Company a cure period in order to regain compliance with the Nasdaq Composition Requirements (i) until the earlier of the Company’s next annual meeting of stockholders or one year from the resignation of Mss. de Lacy and Schrecker, or August 4, 2026, or (ii) if the Company’s next annual meeting of stockholders is held before February 2, 2026, then no later than February 2, 2026. The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq. Annuncio • Aug 06
ClearSign Technologies Corporation to Report Q2, 2025 Results on Aug 14, 2025 ClearSign Technologies Corporation announced that they will report Q2, 2025 results on Aug 14, 2025 Annuncio • Jul 18
ClearSign Technologies Corporation has filed a Follow-on Equity Offering in the amount of $10.39 million. ClearSign Technologies Corporation has filed a Follow-on Equity Offering in the amount of $10.39 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Annuncio • Jul 13
ClearSign Technologies Corporation Announces Changes in Board Committee Memberships ClearSign Technologies Corporation periodically reassesses the membership of each Board committee based on the recommendation from the Nominating and Corporate Governance Committee of the Board. Upon recommendation from the Governance Committee, the Board approved certain changes in committee memberships, effective as of June 27, 2025. Ms. de Lacy resigned as a member of the Audit and Risk Committee, and Mr. Silva and Mr. Basenese were appointed to such committee. Mr. Maley will remain as a member of the Audit Committee until the end of his term, which will be immediately following the Company’s 2025 annual meeting of stockholders. Mr. Basenese was named Chairperson of the Human Capital and Compensation Committee. Mr. Maley will remain as a member of the Compensation Committee until the end of his term, which will be immediately following the Company’s 2025 annual meeting of stockholders. Mr. Silva was appointed to the Governance Committee. Mr. Maley will remain as a member of the Governance Committee until the end of his term, which will be immediately following the Company’s 2025 annual meeting of stockholders. Annuncio • Jun 16
ClearSign Technologies Corporation, Annual General Meeting, Jul 25, 2025 ClearSign Technologies Corporation, Annual General Meeting, Jul 25, 2025. Annuncio • May 07
ClearSign Technologies Corporation to Report Q1, 2025 Results on May 21, 2025 ClearSign Technologies Corporation announced that they will report Q1, 2025 results on May 21, 2025 Annuncio • Mar 18
ClearSign Technologies Corporation to Report Fiscal Year 2024 Results on Apr 02, 2025 ClearSign Technologies Corporation announced that they will report fiscal year 2024 results at 9:30 AM, US Eastern Standard Time on Apr 02, 2025 Annuncio • Mar 06
Clearsign Technologies Corporation Debuts New Clearsign Core M Series Process Burner Technology ClearSign Technologies Corporation announced that following the installation of a new burner technology into the Texas Gulf coast facility of a global chemical company, the Company is reporting selective catalytic reduction ("SCR") level nitrogen oxide ("NOx") emissions in addition to high heat transfer efficiency within the heater. The new burner technology, the first of this new "M" series, will be marketed as ClearSign Core M1. Over the past two weeks have started up and run the first installation of a distinctly new burner technology branded as ClearSign Core M1. This new technology originated from reimagining the flow paths of fuel, air and flare gases within a burner and is the product of internal computational fluid dynamics modelling led by Jim Deller, Ph.D., Chief Executive Officer of ClearSign. The newly installed burner has demonstrated combined NOx and efficiency capabilities that outperform all burner technology that are aware of, including own. Annuncio • Jan 30
U.S. Department of Energy Awards Federal Grant to ClearSign Technologies Corporation to Advance Hydrogen Burner Solutions for Industrial Decarbonization ClearSign Technologies Corporation announced that, in collaboration with a major national laboratory, it has been awarded a $400,000 grant from the U.S. Department of Energy's (‘DOE’) Energy Efficiency and Renewable Energy (‘EERE’) Industrial Efficiency and Decarbonization Office (‘IEDO’). The funding will support the development of ClearSign's ultra-low NOx industrial hydrogen burner technology to advance the decarbonization of high-temperature industrial processes. The project will utilize high-performance computing (‘HPC’) to simulate and optimize the design of hydrogen burners, which is expected to aid and accelerate the development timelines of new burner technologies while minimizing overall costs. By addressing key challenges such as flame positioning, fuel-air mixing, and heat flux optimization, the project aims to facilitate the large-scale adoption of hydrogen in industrial furnaces. This innovative computer modeling technique is projected to support decarbonization efforts across industries by reducing greenhouse gas emissions by up to 276 million metric tons annually. Reported Earnings • Nov 17
Third quarter 2024 earnings released: US$0.021 loss per share (vs US$0.035 loss in 3Q 2023) Third quarter 2024 results: US$0.021 loss per share (improved from US$0.035 loss in 3Q 2023). Revenue: US$1.86m (up US$1.77m from 3Q 2023). Net loss: US$1.16m (loss narrowed 13% from 3Q 2023). Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Annuncio • Nov 06
ClearSign Technologies Corporation to Report Q3, 2024 Results on Nov 20, 2024 ClearSign Technologies Corporation announced that they will report Q3, 2024 results on Nov 20, 2024 Annuncio • Oct 31
Nasdaq Grant ClearSign Technologies' Request for 180-Day Extension to Regain Compliance with the Bid Price Rule As previously reported, on May 2, 2024, ClearSign Technologies Corporation (the ‘Company’), received a written notice from The Nasdaq Stock Market LLC (‘Nasdaq’) indicating that the bid price for the Company’s common stock for the 30 consecutive business days beginning on March 20, 2024 and ending on May 1, 2024, had closed below the minimum $1 per share and, as a result, the Company was not in compliance with the $1 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the ‘Bid Price Rule’). On October 30, 2024, the Company received a second written notification from Nasdaq granting the Company’s request for a 180-day extension to regain compliance with the Bid Price Rule. The Company now has until April 28, 2025 to meet the requirement. As part of the Company’s request for the 180-day extension, the Company notified Nasdaq that it intends to regain compliance with the Bid Price Rule by effecting a reverse stock split, if necessary. If at any time prior to April 28, 2025, the bid price of the Company’s common stock closes at $1 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule. If the Company does not regain compliance with the Bid Price Rule during the additional 180-day extension, Nasdaq will provide written notification to the Company that its common stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules. However, there can be no assurance that, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful. The Company will continue to monitor the closing bid price of its common stock and evaluate its available options to regain compliance with the Bid Price Rule. Nasdaq’s extension notice has no immediate effect on the listing or trading of its common stock, which continues to trade on the Nasdaq Capital Market under the ticker symbol, ‘CLIR’. Reported Earnings • Aug 16
Second quarter 2024 earnings released: US$0.04 loss per share (vs US$0.038 loss in 2Q 2023) Second quarter 2024 results: US$0.04 loss per share (further deteriorated from US$0.038 loss in 2Q 2023). Revenue: US$45.0k (down 70% from 2Q 2023). Net loss: US$1.87m (loss widened 27% from 2Q 2023). Revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Annuncio • Aug 08
ClearSign Technologies Corporation to Report Q2, 2024 Results on Aug 21, 2024 ClearSign Technologies Corporation announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 21, 2024 Annuncio • Aug 06
ClearSign Technologies Corporation Appoints G. Todd Silva as Board of Directors ClearSign Technologies Corporation announced that G. Todd Silva has been appointed to serve as a member of the company's board of directors, effective as of August 1, 2024. Mr. Silva was nominated by clirSPV LLC to serve as its director designee. Mr. Silva brings over 30 years of leadership and finance experience in industries spanning from financial services, technology, health care and others. Mr. Silva has served as the Chief Financial Officer of Radiance Therapeutics Inc., a development stage medical device company since April 2023. Prior to this current role, Mr. Silva served as the Chief Financial Officer of Point Pickup Technologies Inc. Additionally, Mr. Silva was the founder and director of Silva Partnership & Co. Prior to Silva Partnership & Co., Mr. Silva was the executive director of corporate advisory services at Las Olas Capital Partners. Mr. Silva received an MBA from Columbia University focused in finance and accounting and a BS from Lehigh University in economics and finance. Annuncio • Jun 27
ClearSign Technologies Corporation announced that it has received $4.340891 million in funding from Princeton Opportunity Management LLC On June 26, 2024, ClearSign Technologies Corporation closed the transaction. The company issued 1,675,000 common units at issue price $1.85 for gross proceeds $3,098,750 and 671,500 prefunded units at issue price $1.8498 for gross proceeds $1,242,140.7, for total gross proceeds $4,340,890.7. The investor has subscribed for 3,350,000 shares of Common Stock, Pre-Funded Warrants to purchase up to 1,343,000 shares of common stock and Private Warrants to purchase up to 7,039,500 shares of Common Stock for aggregate gross proceeds of approximately $4,300,000. Annuncio • Jun 20
Clearsign Technologies Corporation Announces Resignation of Robert T. Hoffman, Sr. from Board of Directors ClearSign Technologies Corporation announced that Robert T. Hoffman, Sr. has resigned from the Company's Board of Directors (the "Board"), effective as of June 16, 2024, and, following his resignation, clirSPV nominated a successor designee that is currently engaged in the Company's formal vetting process. Reported Earnings • May 17
First quarter 2024 earnings released: US$0.029 loss per share (vs US$0.037 loss in 1Q 2023) First quarter 2024 results: US$0.029 loss per share (improved from US$0.037 loss in 1Q 2023). Revenue: US$1.10m (up 23% from 1Q 2023). Net loss: US$1.11m (loss narrowed 23% from 1Q 2023). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Annuncio • May 11
ClearSign Technologies Corporation to Report Q1, 2024 Results on May 23, 2024 ClearSign Technologies Corporation announced that they will report Q1, 2024 results on May 23, 2024 Annuncio • May 04
ClearSign Technologies Receives Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement as Set in Nasdaq Listing Rule 5550(a)(2) On May 2, 2024, ClearSign Technologies Corporation (the ‘Company’) received a letter (the ‘Notice’) from the Listing Qualifications Staff (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) indicating that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days beginning on March 20, 2024 and ending on May 1, 2024, the Company no longer meets the requirement to maintain a minimum bid price of $1 per share, as set in Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided a period of 180 calendar days, or until October 29, 2024, in which to regain compliance. In order to regain compliance with the minimum bid price requirement, the closing bid price of the Company’s common stock must be at least $1 per share for a minimum of ten consecutive business days during this 180 day period. In the event that the Company does not regain compliance within this 180 day period, the Company may be eligible to seek an additional compliance period of 180 calendar days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq, with the exception of the bid price requirement, and provides written notice to Nasdaq of its intent to cure the deficiency during this second compliance period, by effecting a reverse stock split, if necessary. However, if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is not otherwise eligible, Nasdaq will provide notice to the Company that its common stock will be subject to delisting. The Notice does not result in the immediate delisting of the Company’s common stock from Nasdaq. The Company intends to monitor the closing bid price of the Company’s common stock and consider its available options in the event that the closing bid price of the Company’s common stock remains below $1 per share. There can be no assurance that the Company will be able to regain compliance with the minimum bid price requirement or maintain compliance with the other listing requirements. Annuncio • Apr 24
ClearSign Technologies Corporation Appoints David Maley to Its Board of Directors and to the Board's Audit & Risk Committee ClearSign Technologies Corporation announced that David Maley has been appointed to its Board of Directors to fill the independent director vacancy in the Board and to the Board's Audit & Risk Committee. David Maley brings forty years of broad investment experience with more than half of that period focused on micro-cap equity research and portfolio management. Mr. Maley currently serves as the Chief Investment Officer and Chief Compliance Officer of 1102 Partners, LLC, a family office and investment advisory firm founded by Mr. Maley in 2021. Prior to his current role, Mr. Maley served as a Senior Vice President at Ariel Investments, where he was Lead Portfolio Manager for the Ariel Micro-Cap Value Product fund and the Ariel Small-Cap Deep Value Product fund. During that time he was named a "Micro-Cap Superstar" in a 2014 Red Chip Review publication. Mr. Maley also took on management of the domestic trading team at Ariel Investments and chaired the Trade Oversight Committee during his tenure at Ariel Investments. Prior to Ariel Investments, Mr. Maley founded and ran Maple Hill Capital Management and served as a Vice President and Senior Portfolio Manager for ultra-high net worth clients at Harris Bank. Mr. Maley began his career in institutional equity sales at Goldman Sachs. He received an M.B. A from the University of Chicago Booth School Of Business and a B.B. A in finance from the University Of Notre Dame. New Risk • Apr 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (€33.4m market cap, or US$35.8m). Annuncio • Apr 12
ClearSign Technologies Corporation to Report Q4, 2023 Results on Apr 23, 2024 ClearSign Technologies Corporation announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Apr 23, 2024 Reported Earnings • Apr 02
Full year 2023 earnings released: US$0.14 loss per share (vs US$0.16 loss in FY 2022) Full year 2023 results: US$0.14 loss per share (improved from US$0.16 loss in FY 2022). Revenue: US$2.40m (up US$2.03m from FY 2022). Net loss: US$5.19m (loss narrowed 9.8% from FY 2022). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Annuncio • Feb 09
ClearSign Technologies Corporation Provides Earnings Guidance for the Fourth Quarter and Fiscal Year Ended December 31, 2023 ClearSign Technologies Corporation provided earnings guidance for the fourth quarter and fiscal year ended December 31, 2023. For the quarter, the company preliminary Revenue was approximately $1.2 million, compared to $50,000 for the comparable period in 2022.For the year ended December 31, 2023, the company estimated preliminary revenue was $2.3 million, compared to $374,000 for the year ended December 31, 2022. Additionally, the Company reported a net loss of approximately $5.8 million for the year ended 2022, and estimates that the preliminary net loss for the year ended December 31, 2023 will range between $5.4 to $5.1 million. Annuncio • Jan 17
ClearSign Technologies Corporation Announces Successful Start Up of Multi-Burner Heater in California Project ClearSign Technologies Corporation announced that the first eight burner heater has had a successful start up and is now in operation. The whole project consists of two heaters totaling 13 burners. This completed installation is for the first, an eight burner heater, and the second, a five burner heater, is in process. This refiner was an early customer and has ongoing experience with the operation and performance of ClearSign burner technology. The supply of ClearSign's technology helps the refinery meet stringent emissions limits implemented to achieve California's clean air goals. Annuncio • Nov 29
ClearSign Technologies Receives Notice from Nasdaq Regarding Non-Compliance with the Board of Directors Independence Requirements Set Forth in Nasdaq Listing Rule 5605(b)(1) and Audit Committee Requirements Set Forth in Nasdaq Listing Rule 5605(c)(2)(A) On November 24, 2023, ClearSign Technologies Corporation (the ‘Company’) received a notice (the ‘Notice’) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (‘Nasdaq’) stating that the previously announced resignation of Gary DiElsi from the Company’s Board of Directors (the ‘Board’) resulted in noncompliance with the board of directors independence requirements set forth in Nasdaq Listing Rule 5605(b)(1) and the requirement in Nasdaq Listing Rule 5605(c)(2)(A) to have an audit committee of at least three independent directors. More specifically, when the Notice was issued, the Board did not have a majority of directors who would be considered ‘independent directors,’ as that term is defined in Nasdaq Listing Rule 5605(a)(2) and the audit committee of the Board consisted of only two independent directors. Consistent with Nasdaq Listing Rules 5605(b)(1)(A) and Rule 5605(c)(4), Nasdaq has provided the Company a cure period in order to regain compliance (i) until the earlier of the Company’s next annual shareholders’ meeting or November 11, 2024, or (ii) if the next annual shareholders’ meeting is held before May 7, 2024, then the Company must evidence compliance no later than May 7, 2024. The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq. Annuncio • Nov 08
ClearSign Technologies Corporation Announces Hire of Matthew Martin as Chief Technology Officer ClearSign Technologies Corporation announced the hiring of Mr. Matthew Martin as Chief Technology Officer. Mr. Martin has over 20 years of experience in combustion-related industries, with a strong foundation in product development, business development, sales, and marketing. Before joining ClearSign, he served as the Chief Research Scientist at XRG Technologies, LLC. In this role, he played a pivotal part in developing and launching innovative technologies that reduce NOx emissions, promote CO2 reduction, and enhance heat transfer. During his tenure at Honeywell from 2009 to 2018, he held various positions, including Senior Product Line Manager for Burners, Flares, Flare Gas Recovery, and Thermal Oxidizers, consistently introducing at least one significant product annually. Additionally, he managed the CFD group as a profit center, where he also designed burners, flares, thermal oxidizers, and SCRs. From 2000 to 2009, Mr. Martin worked at Callidus Technologies L.L.C. in roles such as CFD Analyst, Design Engineer, and Software Developer. He was formally appointed an Engineering Fellow during his time at Honeywell. Mr. Martin is the inventor or co-inventor for over 25 patents related to combustion, heat transfer, sensors, and data analysis for combustion. He holds a Bachelor of Science degree from the University of Tulsa. Annuncio • Nov 01
ClearSign Technologies Corporation to Report Q3, 2023 Results on Nov 14, 2023 ClearSign Technologies Corporation announced that they will report Q3, 2023 results on Nov 14, 2023 Annuncio • Aug 11
ClearSign Technologies Corporation to Report Q2, 2023 Results on Aug 31, 2023 ClearSign Technologies Corporation announced that they will report Q2, 2023 results on Aug 31, 2023 Annuncio • Aug 09
ClearSign Technologies Corporation Announces Promotion of Brent Hinds to Chief Financial Officer ClearSign Technologies Corporation announced that Brent Hinds has been promoted to Chief Financial Officer. Mr. Hinds was previously Vice President of Finance and Controller at the Company. Mr. Hinds joined ClearSign from Enovation Controls Inc. a standalone subsidiary of Helios Technologies, where he served as Vice President of Finance focused on global sales, manufacturing, and application engineering operations, working directly with original equipment manufacturers. His responsibilities there included consolidation of reporting across four legal entities totaling $120 million in revenues, $600 million in assets and $70 million in net-working capital. Mr. Hinds previously served as Controller and Assistant Controller at Enovation Controls. Prior to joining Enovation Controls, Mr. Hinds worked for Stinnett & Associates, LLC, a professional advisory firm for public and private companies, where he established risk-based audit programs to determine adequacy and effectiveness of internal control environment and devised audit reports for executive management and audit committees. Additionally, Mr. Hinds served as a compliance analyst at Baker Hughes Company. Mr. Hinds earned his Bachelor of Science in Accounting from Oklahoma State University and is a certified public accountant. Annuncio • Aug 02
ClearSign Technologies Corporation Announces Appointment of Tina Oby Unachukwu as Director of Customer Relationships and Business Development ClearSign Technologies Corporation announced the hire of seasoned industry executive Ms. Tina Oby Unachukwu as Director of Customer Relationships and Business Development. Ms. Unachukwu brings a background in sales, operations and business development with over 20 years' experience capitalizing on business growth opportunities across a broad range of sectors. Ms. Unachukwu joins the Company from Baker Hughes where she held various roles since 2014, most recently Global Product Management Director where she managed $1.25B in portfolio revenue, the majority from the U.S Market. In 2022 under her tenure, she attained over $500mm in new business. From 2018-2021 Ms. Unachukwu held the role of Region Product Line Operations Director and achieved over $300mm portfolio business growth by successfully expanding the region growth from six to 11 countries. Prior to that she was a Business Line Manager for West Africa and grew the product line exponentially in the region, received wins rates of over 75% and grew the portfolio from $100mm to $300mm. From 2010-2014 Ms. Unachukwu was at GE/Improchem PTY and held the roles of Sales Manager and Business Development Manager of Upstream and Downstream. Additionally, Ms. Unachukwu held the role of accounts manager at Nalco Energy Services. She holds a B.A. and a M. Tech from The Federal University of Oweri and an MBA from Enugu University Business School. Annuncio • May 31
ClearSign Technologies Regains Compliance with the Minimum Bid Price Requirement under Nasdaq Listing Rule 5550(a)(2) ClearSign Technologies Corporation announced that it has received notice from The Nasdaq Stock Market LLC (Nasdaq) on May 25, 2023 informing ClearSign that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. ClearSign was previously notified on November 1, 2022, that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of Nasdaq. In order to regain compliance with the rule, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. This requirement was met on May 24, 2023, the tenth consecutive trading day above $1.00. Consequently, ClearSign is now in compliance with all applicable listing standards and its common stock will continue to be listed on The Nasdaq Capital Market. Annuncio • May 05
ClearSign Technologies Corporation to Report Q1, 2023 Results on May 18, 2023 ClearSign Technologies Corporation announced that they will report Q1, 2023 results on May 18, 2023 Annuncio • May 04
ClearSign Technologies Receives a Second Letter from Nasdaq Granting an Additional 180 Calendar Days to Regain Compliance with the Minimum Bid Price Requirement for Continued Listing on the Nasdaq Capital Market As previously disclosed by ClearSign Technologies Corporation on November 4, 2022, the Company received a letter from the Listing Qualifications department of The Nasdaq Stock Market on November 1, 2022, indicating that the Company was not in compliance with the required minimum bid price of $1 per share as required under Nasdaq Listing Rule 5550(a)(2). The Initial Notice provided the Company with 180 calendar days, or until May 1, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2). On May 2, 2023, the Company received a second letter from Nasdaq granting the Company an additional 180 calendar days, or until October 30, 2023, to regain compliance with the Minimum Bid Price Requirement for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). Nasdaq further stated in the Notice that its determination to grant an extension was based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. The Notice has no immediate effect on the listing or trading of the Company's common stock and the common stock will continue to trade on The Nasdaq Capital Market under the symbol CLIR. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Judy Schrecker was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 11
ClearSign Technologies Corporation to Report Q3, 2022 Results on Dec 01, 2022 ClearSign Technologies Corporation announced that they will report Q3, 2022 results on Dec 01, 2022 Annuncio • Nov 07
Clearsign Technologies Corporation Receives A Letter from Nasdaq On November 1, 2022, ClearSign Technologies Corporation ("the Company") received a letter ("the Notice") from the Listing Qualifications Staff ("the Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that, based upon the closing bid price of the Company's common stock for the last 30 consecutive business days beginning on September 20, 2022 and ending on October 31, 2022, the Company no longer meets the requirement to maintain a minimum bid price of $1 per share, as set in Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided a period of 180 calendar days, or until May 1, 2023, in which to regain compliance. In order to regain compliance with the minimum bid price requirement, the closing bid price of the Company's common stock must be at least $1 per share for a minimum of ten consecutive business days during this 180 day period. In the event that the Company does not regain compliance within this 180 day period, the Company may be eligible to seek an additional compliance period of 180 calendar days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and provides written notice to Nasdaq of its intent to cure the deficiency during this second compliance period, by effecting a reverse stock split, if necessary. However, if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is not otherwise eligible, Nasdaq will provide notice to the Company that its common stock will be subject to delisting. The Notice does not result in the immediate delisting of the Company’s common stock from The Nasdaq Capital Market. The Company intends to monitor the closing bid price of the Company’s common stock and consider its available options in the event that the closing bid price of the Company’s common stock remains below $1 per share. There can be no assurance that the Company will be able to regain compliance with the minimum bid price requirement or maintain compliance with the other listing requirements. Reported Earnings • Aug 17
First half 2022 earnings released: US$0.096 loss per share (vs US$0.14 loss in 1H 2021) First half 2022 results: US$0.096 loss per share (up from US$0.14 loss in 1H 2021). Net loss: US$3.13m (loss narrowed 27% from 1H 2021). Over the next year, revenue is forecast to grow 1,595%, compared to a 18% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Aug 04
Less than half of directors are independent Following Director Gary DiElsi's arrival on 01 August 2022, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Judy Schrecker was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Aug 03
ClearSign Technologies Corporation Announces Board Changes ClearSign Technologies Corporation announced that Bruce A. Pate is stepping down from the ClearSign Board of Directors. Concurrently, the Company announced the appointment of energy industry veteran Gary J. DiElsi to the open board position. Gary DiElsi is a seasoned energy executive with a broad background of over 40 years of experience from private equity, major global enterprises, smaller industrial companies, and startup ventures, including both turnaround and growth situations. In the early part of Mr. DiElsi's career, he spent over twelve years with Chevron Corporation in a wide range of engineering, operations, strategic and managerial positions. Mr. DiElsi also spent four years with Linde AG's US subsidiary and two years with UOP building process gas purification units as well as hydrogen production/purification facilities worldwide. From 2000 to 2006, Mr. DiElsi was responsible for Oxbow Industrial Services, a 24/7 global operation providing refinery and terminal services in the Americas, holding the position of Executive Vice President of Oxbow when he left. From 2006 to 2012, Mr. DiElsi was an operating executive with energy private equity firm First Reserve Corporation, where he was active in a wide range of investments involving refining, biofuels production, renewable technologies, power development, marine shipping, liquid terminals, and gasification development for hydrogen and power production. From 2012 to 2017, Mr. DiElsi served as Managing Director at Alinda Capital Partners, an infrastructure investment firm. At Alinda, Mr. DiElsi was on the Investment Committee for energy investments and was responsible for evaluation of opportunities and management of energy infrastructure investments, including ESG, growth strategies, operational improvements, financial performance and board representation. Most recently, since April 2018, Mr. DiElsi has been the Managing Member and Founder of Mountain Pass Energy Investing LLC, where he serves as a senior investment and operations advisor to private equity firms and limited partners investing in both the alternative and conventional energy industries. Mr. DiElsi also serves as a member of the Board of Directors of Blue Tide Environmental, a private company sponsored by energy private equity firm Tailwater Capital. Mr. DiElsi has a Bachelor of Science in Mechanical Engineering (thermal sciences), Summa Cum Laude, and was the recipient of a Rockwell International/Union Carbide Fellowship while earning a Master of Engineering in Mechanical Engineering, both from Rensselaer Polytechnic Institute. Annuncio • Jul 13
ClearSign Technologies Corporation announced that it has received $1.750753 million in funding from Princeton Opportunity Management LLC ClearSign Technologies Corporation announced private placement of 1,591,594 unregistered shares at a price of $1.1 per share for gross proceeds of $1,766,669 with existing investor clirSPV LLC, a fund managed by Princeton Opportunity Management LLC on July 12, 2022. Annuncio • May 17
ClearSign Technologies Corporation to Report Q1, 2022 Results on Jun 02, 2022 ClearSign Technologies Corporation announced that they will report Q1, 2022 results on Jun 02, 2022 Annuncio • Apr 23
ClearSign Technologies Corporation, Annual General Meeting, Jun 06, 2022 ClearSign Technologies Corporation, Annual General Meeting, Jun 06, 2022, at 13:00 Central Daylight. Agenda: To discuss and elect five directors to serve until the election and qualification of their successors; to discuss and approve, on an advisory basis, the appointment of BPM LLP as independent registered public accounting firm for the fiscal year ending December 31, 2022; and to discuss and approve, on an advisory basis, the compensation paid to named executive officers. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman of the Board Rob Hoffman is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Aug 17
ClearSign Technologies Corporation announced delayed 10-Q filing On 08/16/2021, ClearSign Technologies Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • Apr 29
Clearsign Technologies Corporation Receives Certification for Firetube Boiler Burner in China ClearSign Technologies Corporation announced that the Company has received official certification from the Chinese government confirming that its 125hp (2-ton) fire tube boiler burner is approved to be sold in the Chinese market. With this certification, the Company can produce, market and sell its 125hp fire tube boiler burners throughout China. The Company intends to continue the expansion of its fire tube boiler burner line to provide a full range of fire tube boiler burner sizes for both the U.S and Chinese markets. Subsequent burner size offerings will follow the same certification process in China. Annuncio • Mar 12
ClearSign Technologies Corporation to Report Q4, 2020 Results on Mar 23, 2021 ClearSign Technologies Corporation announced that they will report Q4, 2020 results on Mar 23, 2021 Annuncio • Mar 06
Clearsign Technologies Corporation Appoints Judith S. Schrecker to Board of Directors ClearSign Technologies Corporation announced that Judith Schrecker has been appointed to its Board of Directors. Most recently Ms. Schrecker was VP of Finance of Flat Rolled Products at ATI Metals Inc. Is New 90 Day High Low • Feb 21
New 90-day high: €3.84 The company is up 104% from its price of €1.88 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Annuncio • Feb 18
ClearSign Technologies Corporation Announces Collaboration Agreement for Sale and Installation of 2.5 Ppm Nox Capable Ultra-Low Emission Boiler Burners and Low Emission Flares ClearSign Technologies Corporation announced that the Company has entered into an agreement with California Boiler for the sale and installation of "ClearSign Core™" enabled ultra-low NOx combustion equipment into the U.S. market. In terms of the agreement, both companies will be responsible for sales, California Boiler will be responsible for installation and provision of controls and ClearSign will provide the technology and design of products. Is New 90 Day High Low • Feb 04
New 90-day high: €3.74 The company is up 93% from its price of €1.94 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 25% over the same period. Annuncio • Feb 03
ClearSign Technologies Corporation Receives Process Burner Order from Global Refinery for European Installation ClearSign Technologies Corporation has received a purchase order from a global refining company to design, fabricate and supply the Company's ClearSign Core process burner for installation in a European refinery. This is the first purchase from this customer and the second super major customer for the Company. The project consists of a supplying a replacement burner for a single burner process heater incorporating the breakthrough ClearSign Core NOx reduction technology. In addition to meeting the requirements for this specific service, this order will also serve as an initial demonstration of ClearSign Core's superior NOx emissions technology for deployment into refiners' fleet of global facilities to meet their emissions reduction goals. Is New 90 Day High Low • Jan 12
New 90-day high: €2.70 The company is up 18% from its price of €2.28 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: €2.52 The company is up 32% from its price of €1.91 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: €2.30 The company is up 26% from its price of €1.83 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. Annuncio • Nov 07
ClearSign Technologies Corporation to Report Q3, 2020 Results on Nov 19, 2020 ClearSign Technologies Corporation announced that they will report Q3, 2020 results at 8:15 PM, GMT Standard Time on Nov 19, 2020 Annuncio • Oct 15
ClearSign Technologies Corporation Receives Multi-Unit Process Burner Order for Major Energy Infrastructure Company ClearSign Technologies Corporation announced it has received an order for three burners to be installed in an existing process heater at a California storage and transportation terminal. The burners were sold and will be installed by ClearSign's channel affiliate, California Boiler, who will be a subcontractor to the overall project management company, R. A. Nichols Engineering. Annuncio • Oct 05
ClearSign Technologies Corporation announced that it has received $1.30885 million in funding from Princeton Opportunity Management LLC ClearSign Technologies Corporation (NasdaqCM:CLIR) announced private placement of 654,425 unregistered shares at a price of $2 per share for gross proceeds of $1,308,850 with existing investor clirSPV LLC, a fund managed by Princeton Opportunity Management LLC on September 30, 2020. The investor will continue to own 19.99% stake in the company. The investor acquired shares pursuant to right granted by the company under stock purchase agreement dated July 12, 2018. The company has issued shares pursuant to exemption provided under Regulation D. Annuncio • Aug 21
ClearSign Technologies Corporation has completed a Follow-on Equity Offering in the amount of $4.5 million. ClearSign Technologies Corporation has completed a Follow-on Equity Offering in the amount of $4.5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,250,000
Price\Range: $2 Annuncio • Aug 07
ClearSign Technologies Corporation to Report Q2, 2020 Results on Sep 15, 2020 ClearSign Technologies Corporation announced that they will report Q2, 2020 results at 8:15 PM, GMT Standard Time on Sep 15, 2020