Clearone Inc is a communications and entertainment technology company that specializes in developing audio and visual products for professional collaboration. The company offers a wide range of innovative solutions, including conferencing systems, streaming media devices, and content sharing tools that facilitate effective communication in various settings such as corporate offices, educational institutions, and healthcare environments. Clearone's commitment to enhancing user experiences is evident through its continuous research and development efforts aimed at delivering high-quality, reliable, and integrated audio-visual solutions. Read More
ClearOne, Inc. (NASDAQ: CLRO), a technology innovator and global competitor in the conferencing, collaboration, and network streaming solutions market, today announced that it has entered into a definitive agreement to sell certain assets to Biamp Systems, LLC, a leading global provider of professional audio-visual solutions. This asset sale is part of ClearOne’s ongoing strategic process and in support of its previously disclosed plan to pursue one or more transactions involving eventual sale of all or substantially all of the Company’s current assets and operations.
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On June 30, 2025, ClearOne (NASDAQ: CLRO) announced that its Board of Directors had declared a one-time special stock dividend on the Company’s issued and outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), and any Common Stock equivalents with dividend rights (the “Common Stock Equivalents”), to provide its legacy stockholders with a 100% stake in the proceeds from an eventual sale, if any, of all or substantially all of the Company’s current assets and operations in one or more transactions (collectively, the “Asset Sale”). The Board of Directors fixed July 11, 2025 as the record date (the “Record Date”) for the Special Stock Dividend, and the Special Stock Dividend will be payable on July 18, 2025 to stockholders of record as of the Record Date.
