ClearOne (CLRO) cancels 3,788-share warrant position in cash deal

Rhea-AI Filing Summary

ClearOne, Inc. entered into a Warrant Repurchase Agreement on September 16, 2025 with shareholder Edward Bryan Bagley. The company bought back common stock purchase warrants that had been issued to Bagley on December 17, 2019 and were exercisable for a total of 3,788 shares of ClearOne common stock.

ClearOne paid $0.6504 per share underlying the warrants, for an aggregate cash payment of $2,464. Once the transaction settled, the repurchased warrants were cancelled and are no longer exercisable. The detailed terms are set out in the Warrant Repurchase Agreement, which is included as an exhibit to this report.

Insights

Corporate finance analyst

ClearOne spent a small amount of cash to cancel warrants for 3,788 shares.

ClearOne agreed to repurchase previously issued common stock purchase warrants from Edward Bryan Bagley. These warrants covered 3,788 shares of common stock, with ClearOne paying $0.6504 per underlying share, totaling $2,464. After settlement, the warrants were cancelled and cannot be exercised.

This is a modest transaction in both share count and dollar value. It slightly reduces potential future share issuance tied to these specific warrants, while using a small amount of cash today. The Warrant Repurchase Agreement dated September 16, 2025 provides the full terms of the deal.

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.

FAQ

What agreement did ClearOne (CLRO) enter into on September 16, 2025?

ClearOne entered into a Warrant Repurchase Agreement with Edward Bryan Bagley, under which it repurchased certain outstanding common stock purchase warrants previously issued to him.

How many shares were covered by the repurchased ClearOne (CLRO) warrants?

The repurchased warrants were exercisable for an aggregate of 3,788 shares of ClearOne common stock with a par value of $0.001 per share.

What price did ClearOne (CLRO) pay to repurchase the warrants from Edward Bryan Bagley?

ClearOne paid $0.6504 per share underlying the warrants, for a total aggregate purchase price of $2,464.

What happened to the ClearOne (CLRO) warrants after the repurchase?

Upon settlement of the transaction, the warrants were cancelled and are of no further force or effect, meaning they can no longer be exercised for ClearOne shares.

Where can investors find the full terms of ClearOne’s Warrant Repurchase Agreement?

The complete Warrant Repurchase Agreement, dated September 16, 2025, is filed as Exhibit 10.1 to the report and incorporated by reference.

Which stock exchange is ClearOne (CLRO) listed on and under what symbol?

ClearOne’s common stock with a par value of $0.001 is listed on The NASDAQ Capital Market under the trading symbol CLRO.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →

Accepted by SEC EDGAR 09/18/2025 - 07:35 PM Learn about SEC filing dates

CLEARONE INC 0000840715 false 00008407152025-09-182025-09-18

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

Date of report (Date of earliest event reported): September 18, 2025 (September 16, 2025)

ClearOne, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-33660		87-0398877
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

5225 Wiley Post Way, Suite 500, Salt Lake City, Utah		84116
(Address of principal executive offices)		(Zip Code)

+1 (801) 975-7200

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

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:

☐	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 communication pursuant to Rule 13e-4© under the Exchange Act (17 CFR 240.13e-4©)

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. ☐

Securities Registered Pursuant to Section 12(b) of the Act:  

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.001	CLRO	The NASDAQ Capital Market

Item 1.01        Entry into a Material Definitive Agreement.

On September 16, 2025, ClearOne, Inc. (the “Company”) entered into a Warrant Repurchase Agreement (the “Agreement”) with Edward Bryan Bagley (“Edwardl”), pursuant to which the Company repurchased certain outstanding common stock purchase warrants previously issued to Edward.

The repurchased warrants, issued on December 17, 2019, were exercisable for an aggregate of 3,788 shares of the Company’s common stock, par value $0.001 per share. Under the terms of the Agreement, the Company repurchased the warrants for a cash payment of $0.6504 per share underlying the warrants, representing an aggregate purchase price of $2,464. Upon settlement of the transaction, the warrants were cancelled and are of no further force or effect.

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. 

Item 9.01              Financial Statements and Exhibits.

(d)  Exhibits

Exhibit Number		Exhibit Title
10.1		Warrant Repurchase Agreement, dated September 16, 2025, by and between ClearOne, Inc. and Edward Bryan Bagley.

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 hereunto duly authorized.

	CLEARONE, INC.
Date: September 18, 2025	By:	/s/ Derek Graham
		Derek Graham
		Chief Executive Officer