secwatch.observer — SEC 8-K summary
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Issuer:     CLEARONE INC (CLRO)
CIK:        0000840715
Form:       8-K
Filed at:   2024-03-11T23:59:59+00:00
Accession:  0001753926-24-000510
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ClearOne declares special one-time cash dividend of $0.50 per share
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- Board declared a special cash dividend of $0.50 per share on common stock.
- Payable on April 10, 2024 to shareholders of record on April 2, 2024.
- Due to size, ex-dividend date is first business day after payable date under FINRA Rule 11140.
- CEO Derek Graham cites surplus cash and achievable plan for future growth.
- Future dividends remain at Board's discretion; no other dividends authorized at this time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/840715/000175392624000510/0001753926-24-000510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/840715/000175392624000510/clro-20240311.htm
  HTML page:      https://secwatch.observer/filing/0001753926-24-000510

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