Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.99
CLEARONE INC issued 437,500 shares of common stock and a warrant to purchase up to 437,500 shares of common stock of unit to First Finance Ltd. for $4.00 per share of Common Stock for aggregate gross proceeds of $1,750,000.
- Security
- unit
- Shares
- 437,500 shares of common stock and a warrant to purchase up to 437,500 shares of common stock
- Purchaser
- First Finance Ltd.
- Consideration
- $4.00 per share of Common Stock for aggregate gross proceeds of $1,750,000
Exact text from the filing
On March 2, 2026, ClearOne, Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with First Finance Ltd., a California corporation (the “Purchaser”), pursuant to which the Company agreed to issue and sell, in a private placement 437,500 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a purchase price of $4.00 per share of Common Stock (the “Offering”), and a warrant (the “Warrant”) to purchase up to 437,500 shares of Common Stock (the “Warrant Shares” and, together with the Shares and Warrant, the “Securities”), for aggregate gross proceeds of $1,750,000 to the Company.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CLEARONE INC entered into Securities Purchase Agreement with First Finance Ltd. valued at $1,750,000 (effective 2026-03-02).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- First Finance Ltd.
- Value
- $1,750,000
- Effective
- 2026-03-02
Exact text from the filing
On March 2, 2026, ClearOne, Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with First Finance Ltd., a California corporation (the “Purchaser”), pursuant to which the Company agreed to issue and sell, in a private placement 437,500 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a purchase price of $4.00 per share of Common Stock (the “Offering”), and a warrant (the “Warrant”) to purchase up to 437,500 shares of Common Stock (the “Warrant Shares” and, together with the Shares and Warrant, the “Securities”), for aggregate gross proceeds of $1,750,000 to the Company.
View on SEC.gov