ClearOne takes $200,000 non-interest loan from First Finance for working capital
ClearOne, Inc. entered into a Loan Agreement dated October 14, 2026, with First Finance Ltd., effective October 7, 2026, under which First Finance agreed to lend the company $200,000. The company expects to use the proceeds for general working capital, and the filing says repayment timing is still to be determined and mutually agreed in writing.
Key points
- Principal amount of $200,000; the loan bears no interest, including during an event of default.
- Repayment date is to be determined and mutually agreed in writing by ClearOne and First Finance.
- The company may prepay at any time without notice, bonus or penalty.
- Events of default include failure to pay when due, subject to a five-business-day cure period, and bankruptcy or liquidation; governing law is Nevada.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.