Clear Secure declares 32c special cash dividend

Clear Secure declared a special cash dividend in the amount of 32c per share payable on April 8 to holders of record of the Class A Common Stock and Class B Common Stock as of the close of business on April 1. 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.