ClearOne files draft information statement for Cortigent merger share issuance

• ClearOne shareholders authorized issuance of 12,500,000 common shares to Vivani in a Cortigent acquisition, triggering a change of control.
• Post-close ownership projected at 77.98% for Vivani, 16.69% for existing shareholders, 5.33% for advisors; total shares 16,030,412.
• Deal terms include up to 855,000 advisor shares; Vivani lock-up covers 50% for one year, remaining 50% for two years.
• Transaction also contemplates a USD 10 million to USD 15 million unit financing, each unit expected to include one share plus one warrant.
• Shareholders also authorized a 2026 omnibus incentive plan with a 2,500,000-share reserve.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ClearOne Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001753926-26-001203), on July 17, 2026, and is solely responsible for the information contained therein.