---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-26-001118"
form_type: "8-K"
ticker: "CLRO"
cik: "0000840715"
company_name: "CLEARONE INC"
filed_at: "2026-07-01T20:20:44+00:00"
generated_at: "2026-07-01T20:22:09.447491+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ClearOne enters $1M loan agreement with First Finance at 11% interest, 6-month maturity

## Summary
- Loan up to $1,000,000 in aggregate; initial tranche of $500,000 advanced on June 30, 2026.
- Interest rate of 11% per annum, calculated on a 360-day basis; overdue interest compounds.
- Maturity date is December 30, 2026 (six months from June 30, 2026), unless extended by mutual agreement.
- Proceeds to be used for general working capital purposes; prepayment permitted without penalty.
- Customary events of default include payment failure (10 business day cure) and insolvency events.

## SEC filing metadata
- accession: 0001753926-26-001118
- form_type: 8-K
- ticker: CLRO
- cik: 0000840715
- company_name: CLEARONE INC
- filed_at: 2026-07-01T20:20:44+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/840715/000175392626001118/0001753926-26-001118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/840715/000175392626001118/clro-20260701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-26-001118
- JSON: https://secwatch.observer/filing/0001753926-26-001118.json
- Plain text: https://secwatch.observer/filing/0001753926-26-001118.txt

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