Document:

ex_126533.htm

Exhibit 4.5

 

NOTICE OF GUARANTEED DELIVERY

 

This form, or one substantially equivalent to this form, must be used to exercise the non-transferable subscription rights (the “Rights”) to subscribe for and purchase shares of common stock, par value $0.001 per share (the “Common Stock”) of ClearOne, Inc., a Delaware corporation (the “Company”) pursuant to the rights offering (the “Rights Offering”) described and provided for in the Company’s prospectus, dated [●], 2018 (the “Prospectus”), if a holder of Rights cannot deliver the subscription rights certificate(s) evidencing the Rights (the “Subscription Rights Certificate(s)”) to Broadridge Corporate Issuer Solutions, Inc., the subscription agent for the Rights Offering (the “Subscription Agent”) at or prior to 5:00 p.m., Eastern Standard Time, on [●], 2018, unless extended by the Company (the “Expiration Date”). This Notice of Guaranteed Delivery must be received by the Subscription Agent on or prior to the Expiration Date.

 

Payment of the subscription price of $[●] per share (the “Subscription Price”) for each share of Common Stock subscribed for upon exercise of such Rights must be received by the Subscription Agent in the manner specified in the Prospectus prior to 5:00 p.m., Eastern Time, on the Expiration Date, even if the Rights Certificate(s) evidencing such Rights is being delivered pursuant to the Guaranteed Delivery Procedures hereof. The Subscription Rights Certificate evidencing the Rights must be received by the Subscription Agent within two (2) business days following the date you submit your Notice of Guaranteed Delivery.

 

The address of the Subscription Agent is as follows:

 

	
			By Mail:

			Broadridge Corporate Issuer Solutions, Inc.

			Attn: BCIS Re-Organization Dept.

			P.O. Box 1317

			Brentwood, NY 11717

				
			By Hand or Overnight Courier Excluding U.S. Postal Service:

			Broadridge Corporate Issuer Solutions, Inc.

			Attn: BCIS IWS

			51 Mercedes Way

			Edgewood, NY 11717

			

 

DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE DOES NOT CONSTITUTE A VALID DELIVERY.

 

Any questions regarding the Company’s Rights Offering or requests for additional copies of documents may be directed to Broadridge Corporate Issuer Solutions, Inc. at 855-793-5068 (toll free), Monday through Friday (except bank holidays), between 9 a.m. and 6 p.m., Eastern Time.

 

Ladies and Gentlemen:

 

The undersigned hereby represents that he or she is the holder of Subscription Rights Certificate(s) representing Rights issued by ClearOne, Inc. and that such Subscription Rights Certificate(s) cannot be delivered to the Subscription Agent at or before 5:00 p.m., Eastern Standard Time, on the Expiration Date. Upon the terms and subject to the conditions set forth in the Prospectus, receipt of which is hereby acknowledged, the undersigned hereby elects to exercise the following Rights, pursuant to the Basic Subscription Right and the Over-Subscription Right as described in the Prospectus:

 

No. of shares subscribed for pursuant to exercise of Basic Subscription Right:

 

plus

 

No. of additional shares subscribed for pursuant to exercise of Over-Subscription Right:

 

	
			TOTAL SHARES SUBSCRIBED:

				 
	 	 
	
			x Subscription Price Per Share

				
			x $[●]

			
	 	 
	
			TOTAL PAYMENT DUE:

				
			$

			

 

 

 

 

The undersigned understands that payment of the Subscription Price of $[●] per share for each share of Common Stock subscribed pursuant to the Basic Subscription Right and the Over-Subscription Right must be received by the Subscription Agent at or before 5:00 p.m., Eastern Standard Time, on the Expiration Date and represents that such payment, in the aggregate amount set forth above, either (check appropriate box):

 

	
			☐

				
			is being delivered to the Subscription Agent herewith; or

			

 

	
			☐

				
			has been delivered separately to the Subscription Agent, and is or was delivered in the manner set forth below (check appropriate box and complete information relating thereto):

			

 

	 	
			☐

				
			cashier’s or certified bank check

			

 

	 	
			☐

				
			bank draft

			

 

	 	
			☐

				
			U.S. Postal money order

			

 

	 	
			☐

				
			wire transfer of immediately available funds

			

 

If by cashier’s or certified bank check, bank draft, or express money order, please provide the following information:

 

	
			Name of maker:

				 
	 	 
	
			Date of check, draft or money order:

				 
	 	 
	
			Bank on which check is drawn or issuer of money order:

				 
	 	 
	
			Signature(s):

				 
	 	 
	
			Name(s):

				 
	 	 
	
			Address:

				 
	 	 
	
			Telephone:

			(please print or type)

				 
	 	 
	
			Subscription Rights Certificate No.(s):

				 

 

GUARANTEE OF DELIVERY

(Not to Be Used for Subscription Rights Certificate Signature Guarantee)

 

The undersigned, a member firm of a registered national securities exchange or of the Financial Industry Regulatory Authority, or a commercial bank or trust company having an office or correspondent in the United States, or a bank, stockbroker, savings and loan association or credit union with membership in an approved signature guarantee medallion program, pursuant to Rule 17Ad-15 of the Securities Exchange Act of 1934, as amended, guarantees that the undersigned will deliver to the Subscription Agent the certificates representing the Rights being exercised hereby, with any required signature guarantee and any other required documents, all within two (2) business days after the date hereof.

 

	Dated: 	 

 

	 	
			(Address)

			
	 	 
	 	
			(Name of Firm)

			
	 	 
	 	
			(Area Code and Telephone Number)

			
	 	 
	 	
			(Authorized Signature)

			

 

 

The institution that completes this form must communicate the guarantee to the Subscription Agent and must deliver the Subscription Rights Certificate(s) to the Subscription Agent within the time period shown in the Prospectus. Failure to do so could result in a financial loss to such institution.ex_126534.htm

Exhibit 4.6

 

BENEFICIAL OWNER ELECTION FORM

 

The undersigned acknowledge(s) receipt of your letter and the enclosed materials relating to the offering of shares of common stock, par value $0.001 per share (the “Common Stock”) of ClearOne, Inc. (the “Company”), issuable upon the exercise of subscription rights (the “Rights”).

 

In this form, I (we) instruct you whether to exercise Rights to purchase shares of Common Stock distributed with respect to the shares of Common Stock of the Company held by you as broker, dealer, custodian bank or other nominee for my (our) account, pursuant to the terms and subject to the conditions set forth in the Prospectus dated [●], 2018 (the “Prospectus”).

 

I (we) hereby instruct you as follows:

 

(CHECK THE APPLICABLE BOXES AND PROVIDE ALL REQUIRED INFORMATION)

 

BOX 1. ☐     Please DO NOT EXERCISE RIGHTS for me (us).

BOX 2. ☐     Please EXERCISE RIGHTS for me (us) and purchase shares of Common Stock as set forth below:

 

	 	
			NUMBER OF SHARES

			OF COMMON STOCK

				 	
			SUBSCRIPTION

			 PRICE

				 	
			PAYMENT

			
	 	 	 	 	 	 
	
			Basic Subscription Right

				 	
			X

				
			$ 

				[●]	 	
			=

				
			$

			

 

IF YOU HAVE FULLY EXERCISED YOUR BASIC SUBSCRIPTION RIGHT ABOVE and you wish to purchase additional shares of Common Stock, subject to availability and the conditions and limitations described in the Prospectus, please so indicate by completing the additional required information:

 

	 	
			NUMBER OF SHARES

			OF COMMON STOCK

				 	
			SUBSCRIPTION 

			PRICE

				 	
			PAYMENT

			
	
			Over-Subscription Right

				 	
			X

				
			$ 

				[●]	 	
			=

				
			$

			

 

TOTAL SUBSCRIPTION PAYMENT REQUIRED:

 

	 	 	 	 	 
	
			(Basic Subscription Right Payment)

				
			+

				
			(Over-Subscription Right Payment)

				
			=

				
			(Total Required Payment)

			

 

FORM OF PAYMENT:

 

	
			☐ 

				
			Payment in the following amount is enclosed: $

			

 

	
			☐ 

				
			Please deduct payment of $from my (our) following account maintained by you:

			

 

	
			Type of Account:

				 
	
			 

			Account Number:

				 
	
			 

			Amount to be Deducted:

				 

 

I (we) on my (our) own behalf, or on behalf of any person(s) on whose behalf, or under whose directions, I am (we are) signing this form:

 

	
			☐

				
			Acknowledge receipt of the Prospectus and irrevocably elect to purchase the number of shares of Common Stock indicated above upon the terms and conditions specified in the Prospectus; and

			

 

	
			☐

				
			Agree that if I (we) fail to pay for the shares of Common Stock that I (we) have elected to purchase, you may exercise any remedies available to you under the law.

			

 

 

 

 

	
			 

			Name of beneficial owner(s):

				 
	
			 

			Signature of beneficial owner(s):

				 

 

If you are signing in your capacity as a trustee, executor, administrator, guardian, attorney-in-fact, agent, officer of a corporation or in any other fiduciary or representative capacity, please provide the following information:

 

	
			 

			Name:

				 
	
			 

			Capacity:

				 
	
			 

			Address:ex_126535.htm

Exhibit 4.7

 

FORM OF NOMINEE HOLDER ELECTION FORM

 

The undersigned, a bank, broker, trustee, depositary or other nominee of non-transferable subscription rights (the “Rights”) to purchase shares of common stock, par value $0.001 per share (the “Common Stock”), of ClearOne, Inc. (the “Company”), pursuant to the rights offering (the “Rights Offering”) described and provided for in the Company’s prospectus dated [●], 2018 (the “Prospectus”), hereby certifies to the Company and to Broadridge Corporate Issuer Solutions, Inc., as subscription agent for the Rights Offering (the “Subscription Agent”), that the undersigned has exercised, on behalf of the beneficial owners thereof (which may include the undersigned), on the terms and subject to the conditions set forth in the Prospectus, the Rights to subscribe for the number of shares of Common Stock specified below under the Basic Subscription Right, and on behalf of beneficial owners of Rights who have exercised their Basic Subscription Rights in full, requests to subscribe for the number of additional shares of Common Stock specified below pursuant to the Over-subscription Right, listing separately each exercised Basic Subscription Right and any corresponding Over-subscription Right as to each beneficial owner (without identifying any such beneficial owner) for whom the Nominee Holder is acting hereby:

 

	
			NUMBER OF

			SHARES OWNED

			ON RECORD DATE

				 	
			NUMBER OF SHARES

			SUBSCRIBED FOR

			PURSUANT TO BASIC

			SUBSCRIPTION RIGHT

				 	
			NUMBER OF SHARES

			SUBSCRIBED FOR

			PURSUANT TO

			OVER-SUBSCRIPTION RIGHT

			
	 	 	 	 	 

 

 

 

 

[Certification continues on the following page]

 

 

 

Provide the following information, if applicable:

 

 

	
			Name of Nominee Holder

				 	
			DTC Participant Number

			
	
			 

			By:

				
			 

			 	 	
			 

			
	
			 

			Name:

				 	 	
			DTC Subscription Confirmation Number

			
	
			 

			Title:

				 	 	 
	
			 

			Phone Number:

				 	 	 
	
			 

			Fax Number:

				 	 	 
	 	 	 	
			Dated

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