ClearOne to Issue 855,000 Shares to Advisors for Merger-Related Services

ClearOne, Inc. has entered into advisor agreements with four separate entities for past and ongoing advisory services. As compensation, the company will issue a total of 855,000 shares of its common stock. The services are in connection with a previously announced merger agreement dated July 1, 2026.

Key Details

• Stock Issuance: A total of 855,000 common shares will be issued to: First Finance Ltd. (25,000), Betelgeuse Capital Advisors Inc. (90,000), Gang3 Capital Ltd. (140,000), and JJK Holdings Ltd. (600,000).
• Related-Party Transactions: One advisor, First Finance Ltd., is the company's majority stockholder. Another, Gang3 Capital Ltd., is affiliated with company director Eric Boehnke.
• Agreement Terms: The agreements were signed on August 7, 2026, and are effective retroactively as of June 1, 2026. The advisory services are related to an Agreement and Plan of Merger involving Cortigent, Inc. and Vivani Medical, Inc.