ClearOne secures $200,000 interest-free loan from First Finance
CLRO•ClearOne entered a $200,000 interest-free loan agreement with First Finance on October 14, effective October 7, 2026. Repayment timing requires mutual written agreement, and certain defaults can trigger immediate repayment.
1. Loan terms
The loan bears no interest, including during default or on overdue amounts. ClearOne may prepay at any time without notice or penalty; repayment timing requires mutual written agreement, while certain defaults allow First Finance to demand repayment or trigger automatic, immediate repayment.
