CLEARONE INC 8-K

What Happened ClearOne, Inc. (CLRO) disclosed in an 8-K that on January 5, 2026 its Spanish subsidiary, ClearOne Spain, entered into a Settlement Agreement and Waiver of Claims with eight former employees who had filed wrongful termination claims after a reduction in force initiated June 20, 2025. Under the agreement, the eight employees agreed to dismiss and terminate all claims in exchange for an aggregate cash payment of €392,809.80. The claims were originally disclosed in the company’s Form 10-Q for the quarter ended September 30, 2025.

Key Details

• Eight former employees of ClearOne Spain settled wrongful termination claims.
• Settlement date: January 5, 2026; 8-K filed January 14, 2026.
• Aggregate cash payment by ClearOne Spain: €392,809.80.
• The settlement resolves the Spanish Proceeding filed in the High Court of Justice of Aragon.

Why It Matters The agreement ends the specific legal dispute disclosed earlier and removes the related uncertainty and potential additional legal costs. It requires a defined cash outflow from the Spanish subsidiary (€392,809.80), which investors may consider when assessing near-term cash usage and the company’s exposure to employment-related litigation in international operations. The full Settlement Agreement is filed as Exhibit 10.1 to the 8-K for review.