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.
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.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
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.
Key Figures
Shares repurchased: 14,640,039 shares
Par value per share: $0.001 per share
Filing date of report signature: September 3, 2026
3 metrics
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
Key Terms
stock repurchase agreement, Emerging Growth Company, OTC Markets Group, Inc.
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.