Extracted from this filing and checked against the source text.
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.95
CLEARONE INC received a nasdaq deficiency notice notice regarding other (rules 5550(b)).
- Exchange
- nasdaq
- Notice
- deficiency notice
- Rules
- 5550(b)
Exact text from the filing
April 7, 2026, the Company received a letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) informing the Company that the Company is not in compliance with any of the alternative continued listing standa rds under set forth in Nasdaq Marketplace Rule 5550(b) (the “Continued Listing Requirements”). In accordance with Nasdaq Marketplace Rule 5810(c)(2)(A), the Company has a period of 45 calendar days from April 7, 2026, or until May 22, 2026, to submit to Nasdaq a plan to regain compliance with the Continued Listing Requirements (th
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CLEARONE INC terminated Termination Agreement with Edgewater Corporate Park, LLC valued at $300,000 termination fee (effective 2026-04-07).
- Action
- termination
- Agreement
- lease
- Counterparty
- Edgewater Corporate Park, LLC
- Value
- $300,000 termination fee
- Effective
- 2026-04-07
Exact text from the filing
On April 7, 2026, ClearOne, Inc. (the “Company”) entered into a lease termination agreement (the “Termination Agreement”) with Edgewater Corporate Park, LLC (the “Landlord”) pursuant to which the Company terminated its lease for its corporate offices located at 5225 Wiley Post Way in Salt Lake City, Utah for a $300,000 termination fee (the “Termination Fee”).
View on SEC.gov