NEW
YORK, March 21, 2024 /PRNewswire/ -- Clear
Secure, Inc. (NYSE: YOU) ("CLEAR" or the "Company") today announced
the declaration of a special cash dividend in the amount of
$0.32 per share payable on
April 8, 2024 to holders of record of
the Class A Common Stock and Class B Common Stock as of the close
of business on April 1, 2024.
The Company is funding the payment of the special cash dividend
with cash received from pro rata cash distributions made by Alclear
Holdings, LLC to all of its members, including the Company. The
distributions consist of a mandatory tax distribution as well as a
discretionary distribution.
About Clear
CLEAR's mission is to create frictionless
experiences. With more than 20 million members and a growing
network of partners across the world, CLEAR's identity platform is
transforming the way people live, work, and travel. Whether you are
traveling, at the stadium, or on your phone, CLEAR connects you to
the things that make you, you – making everyday experiences easier,
more secure, and friction-free. CLEAR is committed to privacy done
right. Members are always in control of their own information, and
we never sell member data. For more information, visit
clearme.com.
Forward-Looking Statements
This release may contain
statements that constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that any and such forward-looking
statements are not guarantees of future performance or results and
involve risks and uncertainties, and that actual results,
developments and events may differ materially from those in the
forward-looking statements as a result of various factors,
including those described in the Company's filings within the
Securities and Exchange Commission, including the sections titled
"Risk Factors" in our Annual Report on Form 10-K. The Company
disclaims any obligation to update any forward-looking statements
contained herein.
Contact:
Investor Relations
IR@clearme.com
Media
Media@clearme.com
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SOURCE CLEAR