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EX-99 - CLRO 8K PRESS RELEASE - CLEARONE INCclroexh99z1.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): January 26, 2012

 


ClearOne Communications, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Utah

(State or Other Jurisdiction of Incorporation)


001-33660

 

87-0398877

(Commission File Number)

 

(I.R.S. employer

identification number)


5225 Wiley Post Way, Suite 500

Salt Lake City, Utah

 

 

84116

(Address of principal executive offices)

 

(Zip Code)



(801) 975-7200

(Registrants Telephone Number, Including Area Code)


Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[   ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[   ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[   ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[   ]  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 7.01

Regulation FD Disclosure.


On January 27, 2012, ClearOne Communications, Inc. (the Company) issued a press release announcing it had entered into an asset purchase agreement to acquire substantially all of the assets of Israel-based VCON Video Conferencing.  The full text of the Companys press release is furnished herewith as Exhibit 99.1.


Item 8.01

Other Events.


On January 26, 2012, the Company entered into an asset purchase agreement to acquire substantially all of the assets of Israel-based VCON Video Conferencing.  The agreement is subject to customary closing conditions, as well as applicable regulatory and court approvals.  The Company may decline to proceed with the transaction if these conditions and approvals are not met to the Companys satisfaction.


Item 9.01

Financial Statements and Exhibits.


(d) Exhibits.

 


Exhibit No.

 

Description

 

 

 

Exhibit 99.1

 

ClearOne Communications, Inc. Press Release, dated January 27, 2012, and furnished with this report.


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

CLEARONE COMMUNICATIONS, INC.

 

 

 

 

 

 

 

 

 

Date:  January 27, 2012

By:

/s/ Zeynep Hakimoglu

 

 

Zeynep Hakimoglu

 

 

Chief Executive Officer