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ClearOne (NASDAQ: CLRO) settles Spanish worker claims for €392,809.80

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ClearOne, Inc. reported that its Spanish subsidiary, ClearOne Spain, entered into a Settlement Agreement and Waiver of Claims with eight former employees. The agreement resolves a lawsuit in the High Court of Justice of Aragon, where the former employees had alleged wrongful termination related to a June 20, 2025 reduction in force.

Under the settlement, the eight former employees agreed to dismiss and terminate all claims in exchange for an aggregate cash payment of €392,809.80 from ClearOne Spain. The full terms of the Settlement Agreement are provided in an exhibit to the report.

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0000840715 false CLEARONE INC 00008407152026-01-132026-01-13



 


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): January 13, 2026 (January 5, 2026)

 

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.

 

As previously disclosed by ClearOne, Inc., a Delaware corporation (the “Company”), in its quarterly report on Form 10-Q for the quarter ended September 30, 2025, eight former employees of ClearOne Spain, SL (“ClearOne Spain”), the Company’s wholly-owned subsidiary in Spain, filed a claim with the High Court of Justice of Aragon Spain against the Company and ClearOne Spain claiming wrongful termination and seeking unspecified statutory compensation as damages (the “Spanish Proceeding”) in connection with the Company’s reduction in force that it initiated on June 20, 2025.

 

On January 5, 2026, ClearOne Spain entered into a Settlement Agreement and Waiver of Claims with the eight former employees (the “Settlement Agreement”).   Under the terms of the Settlement Agreement, all eight former employees of ClearOne Spain agreed to dismiss and terminate all of their claims under the Spanish Proceeding in exchange for an aggregate cash payment from ClearOne Spain of  €392,809.80.

 

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

Item 9.01              Financial Statements and Exhibits

(d)  Exhibits 

Exhibit Number

 

Exhibit Title

10.1

 

Settlement Agreement and Waiver of Claims.

104.1

 

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.




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: January 13, 2026

By:

/s/ Simon Brewer

 

 

Simon Brewer

 

 

Chief Financial Officer

 

FAQ

What did ClearOne (CLRO) disclose in this 8-K filing?

ClearOne disclosed that its Spanish subsidiary, ClearOne Spain, entered into a Settlement Agreement and Waiver of Claims with eight former employees to resolve a court proceeding in Aragon, Spain.

How much will ClearOne Spain pay under the settlement?

ClearOne Spain agreed to make an aggregate cash payment of €392,809.80 to the eight former employees under the Settlement Agreement.

What claims are being resolved for ClearOne (CLRO) in Spain?

The settlement resolves claims by eight former employees of ClearOne Spain, who had filed a case with the High Court of Justice of Aragon alleging wrongful termination and seeking statutory compensation.

Which ClearOne entity is party to the Settlement Agreement?

The Settlement Agreement and Waiver of Claims was entered into by ClearOne Spain, SL, a wholly owned subsidiary of ClearOne, Inc.

What event led to the Spanish Proceeding involving ClearOne Spain?

The claims arose in connection with ClearOne’s reduction in force that was initiated on June 20, 2025, which affected the eight former employees of ClearOne Spain.

Where can investors find the full terms of ClearOne’s settlement?

The complete Settlement Agreement and Waiver of Claims is filed as Exhibit 10.1 to the report and is incorporated by reference.
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