UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
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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
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Securities Registered Pursuant to Section 12(b) of the Act:
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The |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 1, 2026, ClearOne, Inc. (the “Company”) entered into a letter agreement (the “Letter Agreement”) with Derek L. Graham to provide for Mr. Graham’s continued service as the Company’s chief executive officer on a transitional basis after the expiration on March 31, 2026 of the term of Mr. Graham’s employment agreement dated December 23, 2025. Under the terms of the Letter Agreement, Mr. Graham will provide consulting services for up to ten hours per week at a rate of $160 per hour and will continue to perform all of the functions of the Company’s Chief Executive Officer. The Letter Agreement does not have a fixed term and may be terminated by the Company or Mr. Graham at any time.
The foregoing summary of the Letter Agreement does not purport to be complete and is qualified in its entirety by the full text of the Letter Agreement, which is filed as Exhibits 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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Letter Agreement dated April 1, 2026 by and between ClearOne, Inc. and Derek L. Graham. |
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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.
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CLEARONE, INC. |
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Date: April 3, 2026 |
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/s/ Simon Brewer |
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Simon Brewer |
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Chief Financial Officer |