STOCK TITAN

Cleartronic buys back 14.6M shares from family trust

Cleartronic, Inc. (CLRI) reported that on August 28, 2026 it closed a stock repurchase agreement to buy back 14,640,039 shares of its common stock from the Propst Family Trust.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Cleartronic, Inc. (CLRI) reported that on August 28, 2026 it closed a stock repurchase agreement to buy back 14,640,039 shares of its common stock from the Propst Family Trust. The company’s common stock, par value $0.001 per share, is quoted on OTC Markets Group, Inc. under the symbol CLRI.

Positive

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Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Shares repurchased 14,640,039 shares Common stock repurchased from the Propst Family Trust under agreement closed August 28, 2026
Par value per share $0.001 per share Par value of Cleartronic, Inc. common stock traded on OTC Markets Group, Inc.
Filing date of report signature September 3, 2026 Date the report was signed by the President and Chief Financial Officer
stock repurchase agreement financial
"the Company closed a stock repurchase agreement for 14,640,039 common shares"
Emerging Growth Company regulatory
"Emerging Growth Company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
OTC Markets Group, Inc. market
"Common Stock Par Value $0.001 per share | CLRI | OTC Markets Group, Inc."

FAQ

What material agreement did Cleartronic, Inc. (CLRI) enter into on August 28, 2026?

Cleartronic entered into and closed a stock repurchase agreement on August 28, 2026 to buy back 14,640,039 common shares from the Propst Family Trust, as disclosed under Item 1.01 – Entry into a Material Agreement.

How many Cleartronic (CLRI) shares were repurchased under the August 28, 2026 agreement?

Cleartronic repurchased 14,640,039 shares of its common stock under the stock repurchase agreement closed on August 28, 2026 with the Propst Family Trust.

Who sold shares to Cleartronic, Inc. (CLRI) in the August 28, 2026 repurchase?

The shares were acquired from the Propst Family Trust, which sold 14,640,039 common shares to Cleartronic under a stock repurchase agreement that closed on August 28, 2026.

On which market is Cleartronic, Inc. (CLRI) common stock traded?

Cleartronic’s common stock, par value $0.001 per share, is quoted on OTC Markets Group, Inc. under the trading symbol CLRI, as stated in the company’s disclosure.

Who signed the August 2026 Cleartronic (CLRI) 8-K on behalf of the company?

The report was signed by Larry Reid, who is identified as President and Chief Financial Officer of Cleartronic, Inc., on behalf of the registrant.

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Learn about SEC filing dates
false 0001362516 0001362516 2026-08-28 2026-08-28 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

August 28, 2026

Date of Report (Date of earliest event reported)

 

CLEARTRONIC, INC.

(Exact name of Registrant as specified in its charter)

 

Florida   65-0958798

(State or other jurisdiction of

incorporation or organization)

  (I.R.S. employer
identification number)
     

28050 US Hwy 19N

ClearwaterFlorida

  33761
(Address of principal executive offices)   (Zip Code)

 

+1 813-289-7620

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class: Trading Symbol(s): Name of Exchange on which Registered:
Common Stock Par Value $0.001 per share CLRI OTC Markets Group, Inc.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

-1-

 

 

Item 1.01 - Entry into a Material Agreement.

 

On August 28, 2026, the Company closed a stock repurchase agreement for 14,640,039 common shares from the Propst Family Trust.

 

Item 9.01- Exhibit List

 

Exhibit 9.01* Stock Repurchase Agreement (Propst Family Trust)

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: September 3, 2026.

 

  By: CLEARTRONIC, INC.
   
  /s/ Larry Reid
  Name: Larry Reid
  Title: President and Chief Financial Officer

 

-2-

 

Filing Exhibits & Attachments

4 documents