Eric Boehnke
appointed Eric Boehnke and Youngsun Park, a/k/a Sunny Park, to the Board as nominees of the Purchaser
Highest-materiality recent filing
ClearOne to acquire Cortigent from Vivani Medical in stock deal; plans $10-15M financing
ClearOne (CLRO) will issue 12.5M shares to Vivani (VANI) for Cortigent, a neurostimulation firm.
ClearOne receives Nasdaq delisting notice, terminates lease for $300K, to redeem preferred stock
On April 7, 2026, Nasdaq notified ClearOne it fails all continued listing standards; 45-day compliance plan due May 22, 2026.
Derek Graham continues as CEO but as independent contractor, up to 10 hrs/week at $160/hr.
ClearOne raises $1.75M via private placement of shares and warrants to largest stockholder
Issued 437,500 shares at $4.00/share and a 2-year warrant for 437,500 shares at $5.00/share to First Finance Ltd.
ClearOne re-hires Graham as CEO, Brewer as CFO effective Jan 2026; all directors re-elected
Derek L. Graham named CEO effective Jan 2, 2026; receives $12,500 monthly salary and $15K retention bonus.
ClearOne sells IP, brands, and product designs to Biamp; swap program offered
ClearOne sells intellectual property, brands, and product designs to Biamp; no deal value disclosed.
ClearOne sells IP and inventory to Biamp Systems for $3.0 million
Gross purchase price $3.0M; asset sale closed on October 24, 2025.
ClearOne raises $3M via convertible notes, cuts workforce amid strategic review
Sold $3 million of convertible notes on June 25, 2025, in connection with strategic process.
ClearOne declares special stock dividend entitling holders to 100% of net asset sale proceeds
One share of Class A Redeemable Preferred Stock issued per common share, redeemable for 100% of net proceeds from any eventual asset sale.
ClearOne secures $3M convertible financing, to pursue asset sale; reduces workforce
Issued $3M convertible note to First Finance Ltd., 10% interest; converts to Class B Preferred, then common at $6.008/share.
ClearOne announces 1-for-15 reverse stock split effective June 9 to regain Nasdaq compliance
Shareholders approved reverse split range 1-for-10 to 1-for-15; board set ratio at 1-for-15.
ClearOne announces 1-for-15 reverse stock split to regain Nasdaq compliance
Reverse split subject to stockholder approval at May 30, 2025 special meeting.
Revenue decreased 36% year-over-year due to production shortages from insufficient cash on hand.
ClearOne reports Q4 sequential revenue growth of 18.1%; full-year OpEx down 9.8%
Q4 revenue increased 18.1% sequentially; gross margin improved 44.8% from prior quarter.
Received Nasdaq notice on Jan 10, 2025 for non-compliance with annual meeting requirement (Rule 5620(a)).
ClearOne gets 180-day Nasdaq extension to June 16, 2025 to regain $1.00 minimum bid price compliance
Nasdaq granted ClearOne 180-day extension to June 16, 2025 to meet minimum $1.00 closing bid price requirement.
ClearOne engages ARC Group for strategic review; director Hendricks not re-standing
Engaged ARC Group as exclusive financial advisor to explore strategic alternatives including sale, merger, or spin-off.
ClearOne Q3 2024 revenue down 42% YoY but up 8.7% sequentially; OpEx cuts
Revenue decreased 42% year over year due to past production shortages and manufacturing transition from China to Singapore.
Revenue fell 58% sequentially and 39% YoY; audio conferencing category drove the decline.
ClearOne receives Nasdaq delisting notice for bid price below $1.00 for 30 days
Nasdaq notified ClearOne on June 20, 2024 that its common stock closing bid price was below $1.00 for 30 consecutive trading days.
ClearOne Q1 2024 revenue down 13% YoY; microphone revenue up 31%; declares $0.50 special dividend
Revenue declined 13% YoY and 12.8% sequentially; audio conferencing category drove decrease.
ClearOne appoints Simon Brewer as CFO effective April 17, 2024
Simon Brewer, 45, named CFO; previously CFO/COO of Operation Underground Railroad since 2021.
ClearOne reports Q4/FY2023; OpEx down 14%/21%; announces $0.50 special dividend
Operating expenses fell 14% in Q4 and 21% in FY2023 vs prior year.
ClearOne declares special one-time cash dividend of $0.50 per share
Board declared a special cash dividend of $0.50 per share on common stock.
ClearOne signs perpetual patent cross-license with Sennheiser; receives $4M payment
Perpetual, non-exclusive cross license of certain intellectual property between ClearOne and Sennheiser.
ClearOne Q2 revenue up 31% QoQ; completes special dividend; cash $22.1M
Sequential revenue growth of 31% Q2 over Q1 2023, driven by increased backlog shipments from improved manufacturing output.
ClearOne receives Nasdaq bid-price deficiency notice; 180-day cure period started Aug 1
Nasdaq letter on Aug 1, 2023: CLRO common stock bid below $1.00 for 30 consecutive trading days.
ClearOne Q1 2023 results pressured by manufacturing transition; declares $1.00 special dividend
Special cash dividend of $1.00 per share payable May 31, 2023; record May 22; ex-div June 1; cash outflow ~$29M.
ClearOne declares $1.00 special one-time cash dividend; payable May 31, 2023
Special cash dividend of $1.00 per share payable on May 31, 2023 to holders of record as of May 22, 2023.
ClearOne Q4 2022: GAAP EPS $0.83 on $55M legal settlement; revenue down 44%
GAAP EPS $0.83 includes $55M one-time legal settlement receivable; revenue fell 44% YoY.
ClearOne appoints Derek Graham as permanent CEO, effective Jan. 24, 2023
Derek Graham, interim CEO since May 2022, appointed permanent CEO effective Jan. 24, 2023.
appointed Eric Boehnke and Youngsun Park, a/k/a Sunny Park, to the Board as nominees of the Purchaser
appointed Eric Boehnke and Youngsun Park, a/k/a Sunny Park, to the Board as nominees of the Purchaser
On November 22, 2024, Larry Hendricks advised the Board that he would not stand for re-election to the Board at the next annual or special meeting of stockholders at which directors are elected.
In connection with Mr. Graham’s appointment as Chief Executive Officer as described under Item 5.02 above
esignation from the Board, Ms. Hakimoglu furnished the Board with the letter that is filed herewith as Exhibit 99.1.
Max materiality 0.85 · Median 0.60 · Most common event other_material