# CLEARONE INC (CLRO) — merger/definitive [announced]
Source: SEC API (secapi.ai) · situation sit_da8b7e92dc3a41ed7f7d · retrieved 2026-08-12T06:59:55.004Z

## Overview
ClearOne, Inc. is a Nevada corporation that manufactures telephone and telegraph apparatus and is acquiring Cortigent, Inc. from Vivani Medical, Inc. in a merger transaction.

On August 4, 2026, ClearOne, Inc. entered into a warrant cancellation agreement with First Finance Ltd. whereby warrants to purchase up to 437,500 shares of common stock at an exercise price of $5.00 per share were cancelled and extinguished. The cancellation was entered into in connection with ClearOne's Agreement and Plan of Merger dated July 1, 2026 with Vivani Medical, Inc. and its subsidiary Cortigent, Inc., pursuant to which ClearOne will be renamed Cortigent, Inc. upon closing.

## Terms
- Counterparty: First Finance Ltd. · Price/share: $5

## Key dates
- Announced 2026-08-05

## Timeline
- 2026-08-05 · 8-K (0001753926-26-001341): 8-K - CLEARONE INC — *ClearOne, Inc. is a Nevada corporation that manufactures telephone and telegraph apparatus and is acquiring Cortigent, Inc. from Vivani Medical, Inc. in a merger transaction.* On August 4, 2026, ClearOne, Inc. entered into a warrant cancellation agreement with First Finance Ltd. whereby warrants to purchase up to 437,500 shares of common stock at an exercise price of $5.00 per share were cancelled and extinguished. The cancellation was entered into in connection with ClearOne's Agreement and Plan of Merger dated July 1, 2026 with Vivani Medical, Inc. and its subsidiary Cortigent, Inc., pursuant to which ClearOne will be renamed Cortigent, Inc. upon closing.
  https://www.sec.gov/Archives/edgar/data/840715/0001753926-26-001341.txt

## Citations
- 0001753926-26-001341 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000175392626001341