secwatch.observer — SEC 8-K summary
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Issuer:     Clene Inc. (CLNN)
CIK:        0001822791
Form:       8-K
Filed at:   2026-05-22T20:37:23+00:00
Accession:  0001437749-26-018267
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clene extends maturity of convertible notes to Aug 2027, defers $150k monthly payments
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- Maturity date extended to earlier of Aug 13, 2027 or change in control; monthly principal and interest payments of $150k deferred.
- Stockholders approved Amended 2020 Stock Plan, increasing authorized shares by 1,000,000.
- Directors elected: Robert Etherington, Shalom Jacobovitz, Alison H. Mosca; Deloitte ratified as auditor.
- Conversion price of $4.44 per share; up to 65% of principal convertible, capped at $975k aggregate.
- Notes originally issued Aug 13, 2025 for up to $1.5M; security and seniority terms unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822791/000143774926018267/0001437749-26-018267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822791/000143774926018267/clnn20260514_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-018267

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer