ClearOne Inc., a Delaware corporation, entered into a Note Purchase Agreement with First Finance Ltd., a California corporation, on June 20, 2025. In this transaction, First Finance Ltd. purchased $3,000,000 of convertible notes from ClearOne in a private placement. Additionally, the Company is required to use its best efforts to repurchase outstanding warrants for up to 334,816 shares of Common Stock from certain institutional investors and insiders. The terms of these transactions, including the price per share, were not detailed in the document.
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