Generally no. If the clipping was only one sample the CIA might be able to do it.
Clipping causes high order harmonics. Look at the FFT of a square wave versus a sine wave. The more you clip the more that sine wave looks like that bunch of squiggles from the square wave.
These are the two things I found sofar, I cannot gurantee they will help you, but they do seem to go into the right direction
Cubase 10 ...
iTunes allows you to apply equalization per song:
1. create a custom EQ setting,
2. in Song Info, add this custom EQ to your song.
The iTunes EQ is a 10-band graphic EQ. Almost any graphic EQ will not have bands centered on the frequencies you want. The standard is to center on 1K, or multiples/divisions of 1K. You need a parametric EQ to get the center ...
The way it’s worded it might not be suitable but I’ll give it a shot anyway.
What you want is a 5 band parametric equalizer.
There are plenty of DAWs that have them.
A fully parametric equalizer (PEQ as it may be called in a DAW) lets you move any band to any position between 20Hz and 20kHz
It's not really worth entering into a discussion around technology this old. We're well moved on from mp3 now.
You should be looking at OPUS codec, which as far as codecs go is the current state of the art.
In any rate, the savings you would get from this sort of activity are so minimal - and possibly implementation dependent - it's a moot point.