---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-25-000280"
form_type: "8-K"
ticker: "CLRO"
cik: "0000840715"
company_name: "CLEARONE INC"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T05:17:58.111519+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ClearOne files Form 8937 to correct 2024 special dividend tax reporting as return of capital

## Summary
- Special $0.50/share dividend paid April 10, 2024 should have been reported as return of capital, not ordinary dividend.
- Some street-name shareholders received incorrect 1099-DIV reporting the distribution as ordinary dividend (Box 1).
- Company filed IRS Form 8937 on Feb 21, 2025 to enable issuance of corrected 1099-DIVs (Box 3).
- Corrected forms will reflect non-dividend distribution; tax impact varies by shareholder.

## SEC filing metadata
- accession: 0001753926-25-000280
- form_type: 8-K
- ticker: CLRO
- cik: 0000840715
- company_name: CLEARONE INC
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/840715/000175392625000280/0001753926-25-000280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/840715/000175392625000280/clro-20250224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-25-000280
- JSON: https://secwatch.observer/filing/0001753926-25-000280.json
- Plain text: https://secwatch.observer/filing/0001753926-25-000280.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.