ClearOne (CLRO) completes Nevada reincorporation and updates capital structure
Rhea-AI Filing Summary
ClearOne, Inc. has completed a legal reincorporation from Delaware to Nevada effective April 22, 2026, at 4:00 p.m. Eastern Time. The company’s name remains ClearOne, Inc., and its business, assets, liabilities, and operations are unchanged.
ClearOne is now governed by Nevada law, along with new Nevada Articles of Incorporation and Nevada Bylaws. The Nevada Articles authorize 200,000,000 shares of capital stock, including 150,000,000 shares of common stock and 50,000,000 shares of preferred stock, both with a par value of $0.001 per share.
Of the preferred stock, 2,069,065 shares are designated as Class A Redeemable Preferred Stock and 5,100 shares as Class B Convertible Preferred Stock, with detailed rights set out in schedules to the Nevada Articles. The company’s common stock continues to trade on The Nasdaq Capital Market under the symbol CLRO.
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