Clene Inc. (Clene) has announced a 1-for-20 reverse stock split, scheduled to take effect before the market opens on July 11, 2024. Following the reverse split, each existing Clene Common Share will be converted into the right to receive 0.05 new Clene Inc. Common Shares. Concurrently, the option symbol for Clene will change from CLNN to CLNN1. The new CUSIP number for Clene Inc. will be 185634201. The adjustments to the options contracts will include a new multiplier of 100, and the new deliverable per contract will be 5 new Clene Inc. Common Shares. The underlying price for the new option symbol CLNN1 will be determined by the multiplier of 0.05 applied to the closing price of CLNN shares.

Clene Inc. (Clene) has announced a 1-for-20 reverse stock split, scheduled to take effect before the market opens on July 11, 2024. Following the reverse split, each existing Clene Common Share will be converted into the right to receive 0.05 new Clene Inc. Common Shares. Concurrently, the option symbol for Clene will change from CLNN to CLNN1. The new CUSIP number for Clene Inc. will be 185634201. The adjustments to the options contracts will include a new multiplier of 100, and the new deliverable per contract will be 5 new Clene Inc. Common Shares. The underlying price for the new option symbol CLNN1 will be determined by the multiplier of 0.05 applied to the closing price of CLNN shares.