ClearOne (CLRO) buys back 6,039 stock warrants from Intracoastal Capital
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
ClearOne, Inc. entered into a Warrant Repurchase Agreement with Intracoastal Capital, LLC on September 2, 2025. The company agreed to repurchase certain previously issued common stock purchase warrants held by Intracoastal.
The repurchased warrants, originally issued on September 12, 2021, were exercisable for an aggregate of 6,039 shares of ClearOne common stock. ClearOne paid cash consideration of $0.6504 for each share underlying the warrants, for a total purchase price of $3,927.77. Once the transaction settled, these warrants were cancelled and no longer have any effect.
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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, and exhibit attachments filed with this report.
FAQ
What agreement did ClearOne (CLRO) enter into with Intracoastal Capital, LLC?
ClearOne entered into a Warrant Repurchase Agreement with Intracoastal Capital, LLC on September 2, 2025 to repurchase certain outstanding common stock purchase warrants previously issued to Intracoastal.
How many ClearOne (CLRO) warrants were repurchased under the agreement?
The repurchased warrants were exercisable for an aggregate of 6,039 shares of ClearOne, Inc. common stock.
What price did ClearOne (CLRO) pay to repurchase the warrants?
ClearOne paid $0.6504 per share underlying the warrants, resulting in an aggregate cash purchase price of $3,927.77 for the warrant repurchase.
What happened to the repurchased ClearOne (CLRO) warrants after the transaction?
Upon settlement of the transaction, the repurchased warrants were cancelled and are of no further force or effect.
When were the repurchased ClearOne (CLRO) warrants originally issued?
The warrants repurchased from Intracoastal Capital, LLC were originally issued on September 12, 2021.
Where can investors find the full Warrant Repurchase Agreement for ClearOne (CLRO)?
The full text of the Warrant Repurchase Agreement is filed as Exhibit 10.1 to the current report and is incorporated by reference.