<SEC-DOCUMENT>0001753926-20-000304.txt : 20200918
<SEC-HEADER>0001753926-20-000304.hdr.sgml : 20200918
<ACCEPTANCE-DATETIME>20200918165212
ACCESSION NUMBER:		0001753926-20-000304
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200918
DATE AS OF CHANGE:		20200918

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLEARONE INC
		CENTRAL INDEX KEY:			0000840715
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE & TELEGRAPH APPARATUS [3661]
		IRS NUMBER:				870398877
		STATE OF INCORPORATION:			UT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-41980
		FILM NUMBER:		201184461

	BUSINESS ADDRESS:	
		STREET 1:		5225 WILEY POST WAY
		STREET 2:		SUITE 500
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84116
		BUSINESS PHONE:		8019757200

	MAIL ADDRESS:	
		STREET 1:		5225 WILEY POST WAY
		STREET 2:		SUITE 500
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84116

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLEARONE COMMUNICATIONS INC
		DATE OF NAME CHANGE:	20020204

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENTNER COMMUNICATIONS CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENTNER ELECTRONICS CORP
		DATE OF NAME CHANGE:	19910808

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLEARONE INC
		CENTRAL INDEX KEY:			0000840715
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE & TELEGRAPH APPARATUS [3661]
		IRS NUMBER:				870398877
		STATE OF INCORPORATION:			UT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		5225 WILEY POST WAY
		STREET 2:		SUITE 500
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84116
		BUSINESS PHONE:		8019757200

	MAIL ADDRESS:	
		STREET 1:		5225 WILEY POST WAY
		STREET 2:		SUITE 500
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84116

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLEARONE COMMUNICATIONS INC
		DATE OF NAME CHANGE:	20020204

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENTNER COMMUNICATIONS CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENTNER ELECTRONICS CORP
		DATE OF NAME CHANGE:	19910808
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>MainDocument.htm
<DESCRIPTION>SCHEDULE 13D
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">UNITED STATES</font></p>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></p>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Washington, D.C. 20549</font></p>
<p style="line-height: 10.35pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SCHEDULE 13D</font></p>
<p style="line-height: 11.25pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Under the Securities Exchange Act of 1934</font></p>
<p style="line-height: 10.1pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">ClearOne, Inc.</font></p>
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<tr>
<td style="border-top-color: #000000; border-top-style: solid; border-top-width: 0.75pt; vertical-align: middle; width: 100%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Name of Issuer)</font></p>
</td>
</tr>

</table>
<p style="line-height: 10.25pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Common Stock</font></p>
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<tr>
<td style="border-top-color: #000000; border-top-style: solid; border-top-width: 0.75pt; vertical-align: middle; width: 100%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Title of Class of Securities)</font></p>
</td>
</tr>

</table>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">18506U104</font></p>
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<tr>
<td style="border-top-color: #000000; border-top-style: solid; border-top-width: 0.75pt; vertical-align: middle; width: 100%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(CUSIP Number)</font></p>
</td>
</tr>

</table>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 6pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">E. Bryan Bagley</font></p>
<p style="margin: 0pt 6pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1470 Arlington Drive</font></p>
<p style="margin: 0pt 6pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Salt Lake City, Utah</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 84103</font></p>
<p style="margin: 0pt 6pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Tel.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (801) </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">450-3605</font></p>
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<tr>
<td style="border-top-color: #000000; border-top-style: solid; border-top-width: 0.75pt; vertical-align: middle; width: 100%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Name, Address and Telephone Number of Person</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Authorized to Receive Notices and Communications)</font></p>
</td>
</tr>

</table>
<p style="line-height: 10.35pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">September 16, 2020</font></p>
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<tr>
<td style="border-top-color: #000000; border-top-style: solid; border-top-width: 0.75pt; vertical-align: middle; width: 100%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(Date of Event Which Requires Filing of this Statement)</font></p>
</td>
</tr>

</table>
<p style="line-height: 10.2pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &#167;&#167;240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. </font><font style="font-family: 'MS Mincho'; font-size: 10pt;">&#9744;</font></p>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 118%; margin: 0pt 3pt 0pt 0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Note</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See &#167;240.13d-7</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">for other parties to whom copies are sent.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 10pt 0pt 0.2pt; text-indent: -0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">*</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</font></p>
<p style="line-height: 10pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 19pt 0pt 0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</font></p>
<p style="margin: 0pt 19pt 0pt 0.2pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br></font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; text-align: center;"><font style="text-decoration: underline;"><font style="color: #000000; font-weight: bold;"><font style="font-family: Arial, sans-serif;"><font style="font-family: 'times new roman', times; font-size: 10pt;">EXPLANATORY NOTE</font></font></font></font></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;"><font style="color: #000000;"><font style="font-family: Arial, sans-serif;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></font></font></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;"><font style="color: #000000;"><font style="font-family: Arial, sans-serif;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The reporting person was previously a member of a group and joint filer of a Schedule 13D filed by such group with respect to shares of common stock of ClearOne, Inc. (the &#8220;Company&#8221;) beneficially owned by such group members.&nbsp; The reporting person is no longer a member of such group and is filing this Schedule 13D to report his sole beneficial ownership of the Company&#8217;s securities.</font></font></font></p>
<p><br></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 476px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td colspan="6" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 17px; width: 99.7576%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">CUSIP No.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">18506</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">U104</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td colspan="6" style="vertical-align: middle; height: 17px; width: 99.7576%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="vertical-align: middle; height: 34px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 34px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1.</font></p>
</td>
<td colspan="4" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 34px; width: 91.908%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Names of Reporting Person.</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">E. Bryan Bagley</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; height: 17px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 17px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2.</font></p>
</td>
<td colspan="4" style="vertical-align: middle; height: 17px; width: 91.908%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Check the Appropriate Box if a Member of a Group (See Instructions)</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; height: 17px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 17px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td colspan="3" style="vertical-align: middle; height: 17px; width: 12.6766%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(a)</font></p>
</td>
<td style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 17px; width: 79.2314%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'MS Mincho'; font-size: 10pt;">&#9744;</font></p>
</td>
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<td style="vertical-align: middle; height: 17px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 17px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td colspan="3" style="vertical-align: middle; height: 17px; width: 12.6766%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(b)</font></p>
</td>
<td style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 17px; width: 79.2314%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'MS Mincho'; font-size: 10pt;">&#9744;</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; height: 17px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 17px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">3.</font></p>
</td>
<td colspan="4" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 17px; width: 91.908%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">SEC Use Only</font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="vertical-align: middle; height: 34px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 34px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">4.</font></p>
</td>
<td colspan="4" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 34px; width: 91.908%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Source of Funds (See Instructions)</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="vertical-align: middle; height: 17px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 17px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">5.</font></p>
</td>
<td colspan="4" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 17px; width: 91.908%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">e)</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'MS Mincho'; font-size: 10pt;">&#9744;</font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="vertical-align: middle; height: 34px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="vertical-align: top; height: 34px; width: 5.39657%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">6.</font></p>
</td>
<td colspan="4" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 34px; width: 91.908%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Citizenship or Place of Organization:</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">USA</font></p>
</td>
</tr>
<tr>
<td style="vertical-align: middle; width: 99.7576%;" colspan="6"><br></td>
</tr>
<tr style="height: 34px;">
<td colspan="3" rowspan="4" style="vertical-align: middle; height: 136px; width: 11.6926%;">
<p style="margin: 0pt;">Number of Shares Beneficially Owned by Each Reporting Person With</p>
</td>
<td style="vertical-align: top; height: 34px; width: 3.43705%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">7.</font></p>
</td>
<td colspan="2" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 34px; width: 84.628%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Sole Voting Power:</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">412,561</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(1)</font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="vertical-align: top; height: 34px; width: 3.43705%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">8.</font></p>
</td>
<td colspan="2" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 34px; width: 84.628%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Shared Voting Power:</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,168,253</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">2</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">)</font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="vertical-align: top; height: 34px; width: 3.43705%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">9.</font></p>
</td>
<td colspan="2" style="border-bottom: 0.75pt solid #000000; vertical-align: middle; height: 34px; width: 84.628%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Sole Dispositive Power:</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">412,561</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(1)</font></p>
</td>
</tr>
<tr style="height: 34px;">
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">10.</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Shared Dispositive Power:</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">168</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">253</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">2</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">)</font></p>
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<td style="vertical-align: middle; height: 34px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">11.</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Aggregate Amount Beneficially Owned by Each Reporting Person:</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">580</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">814</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">1</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">)</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(2)(3)</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">12.</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Instructions)</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'MS Mincho'; font-size: 10pt;">&#9744;</font></p>
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<td style="vertical-align: middle; height: 34px; width: 2.45298%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">13.</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Percent of Class Represented by Amount in Row (11):</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">8.4</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">%</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">1)</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(2)</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">(</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">4</font><font style="font-family: 'Times New Roman'; font-size: 5.33pt; vertical-align: super;">)</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">14.</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Type of Reporting Person (See Instructions):</font><br><font style="font-family: 'Times New Roman'; font-size: 10pt;">IN</font></p>
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<p style="margin: 6pt 0pt 6pt 20.9pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(1)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Assumes the exercise of secured convertible notes to purchase </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">236,966</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shares of common stock and warrants to purchase </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">56,818</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shares of common stock that were beneficially owned by the reporting person as of September 16, 2020.</font></p>
<p style="margin: 6pt 0pt 6pt 20.9pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(2)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Includes </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,262 shares of common stock that are owned by Mr. Bagley&#8217;s children, 1,106,991 shares of common stock that are owned by other trusts where Mr. Bagley acts as a trustee and warrants to purchase 50,000 shares of common stock that are owned by other trusts where Mr. Bagley acts as a trustee.</font></p>
<p style="margin: 6pt 0pt 6pt 20.9pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(3)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">The reporting person may be deemed to have a pecuniary interest in </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,252,636 </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">shares of common stock that are beneficially owned by a trust of which the reporting person is one of several beneficiaries. The reporting person does not exercise voting or dispositive control over any of the shares of common stock beneficially owned by this trust and disclaims beneficial ownership of such shares pursuant to Rule 13d-4.</font></p>
<p style="margin: 6pt 0pt 6pt 20.9pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(4)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Calculated based on 18,771,257 issued and outstanding shares of common stock as of September 16, 2020.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">CUSIP No.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">18506</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">U104</font></p>
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<p style="line-height: 10.75pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 1.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Security and Issuer</font></p>
<p style="line-height: 11.45pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 7pt 0pt 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">This </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">statement</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">on Schedule 13D </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">relat</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">es</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> to the Common Stock, $0.001 par value per share (&#8220;Common Stock&#8221;) of ClearOne, Inc., a Delaware corporation (the &#8220;Company&#8221;)</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">. </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company&#8217;s principal executive offices are located at 5225 Wiley Post Way, Suite 500, Salt Lake City, Utah 84116.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="line-height: 11.05pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 2. Identity and Background</font></p>
<p style="line-height: 11.25pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Name</font></p>
<p style="margin: 0pt 0pt 0pt 33pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">E. Bryan Bagley</font></p>
<p style="line-height: 11.05pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Residence or business address</font></p>
<p style="line-height: 11.45pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1470 Arlington Drive, Salt Lake City, Utah 84103.</font></p>
<p style="line-height: 10.35pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted</font></p>
<p style="line-height: 8.3pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">E. Bryan Bagley is principally self-employed as an investor at the address listed in Item 2(b) above.</font></p>
<p style="line-height: 1.15pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="line-height: 10.35pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Whether or not, during the last five years, such person has been convicted in a criminal proceeding (excluding minor traffic violations or similar misdemeanors) and, if so, give the dates, nature of conviction, name and location of court, any penalty imposed, or other disposition of the case.</font></p>
<p style="line-height: 9pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not applicable.</font></p>
<p style="margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Whether </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">of</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> not, during the last five years, such person was a party to a civil proceeding or a judicial or administrative body of competent jurisdiction and, as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws; and, if so, identify and describe such proceedings and summarize the terms of such judgment, decree or final order</font></p>
<p style="line-height: 8.45pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Not applicable.</font></p>
<p style="line-height: 11.05pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(f)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Citizenship.</font></p>
<p style="line-height: 11.45pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">United States.</font></p>
<p style="line-height: 11.05pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="line-height: 11.05pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 3. Source and Amount of Funds or Other Consideration</font></p>
<p style="line-height: 11.45pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 5pt 0pt 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Common Stock was acquired, in part, by gift, and, in part, with borrowed funds. The information in Item 5 is hereby incorporated by reference.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">CUSIP No.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">18506</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">U104</font></p>
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<p style="line-height: 11.05pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 4. Purpose of transaction</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 33pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The reporting person acquired the Common Stock for investment purposes.</font></p>
<p style="line-height: 11.25pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 3pt 0pt 0pt; text-align: justify; text-indent: 32.4pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">In pursuing such investment purposes, the reporting person may further purchase, hold, vote, trade, dispose or otherwise deal in the Common Stock at such times, and in such manner, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">the</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> reporting person deems advisable to benefit from changes in market prices of the Common Stock, changes in the Issuer's operations, business strategy or prospects, or from sale or merger of the Issuer. To evaluate such alternatives, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">reporting person may routinely monitor the Issuer's operations, prospects, business development, management, competitive and strategic matters, capital structure, and prevailing market conditions, as well as alternative investment opportunities, liquidity requirements of each such reporting person and other investment considerations. The reporting person may discuss such matters with management or directors of the Issuer, other shareholders, industry analysts, investment and financing professionals, sources of credit and other investors. Such factors and discussions may materially affect, and result in</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">reporting person modifying his ownership of Common Stock, exchanging information with the Issuer pursuant to appropriate confidentiality or similar agreements, proposing changes in the Issuer's operations, governance, board of directors, capitalization, or in proposing one or more of the other actions described in subsections (a) through (j) of Item 4 of Schedule 13D.</font></p>
<p style="line-height: 8.9pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-indent: 32.4pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">reporting person reserves the right to formulate other plans and/or make other proposals, and take such actions with respect to the investment in the Issuer, including any or all of the actions set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D, or acquire additional Common Stock or dispose of all the Common Stock beneficially owned by the reporting person, in the public market or privately negotiated transactions. </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">The </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">reporting person may at any time reconsider and change his plans or proposals relating to the foregoing.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 5. Interest in Securities of the Company</font></p>
<p style="line-height: 11.45pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 9pt 0pt 0pt; text-indent: 32.8pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(a)</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> After giving effect to the Company&#8217;s issuance and sale of 2,116,050 shares of common stock in a registered direct offering on September 16, 2020 (the &#8220;Registered Offering&#8221;) and warrants to purchase up to 1,058,025 shares of common stock in a concurrent private placement with the Registered Offering (the &#8220;Private Placement&#8221;), M</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">r</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">. </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Bagley</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> beneficially owned </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,580,814 shares of common stock, representing 8.4% of the Company&#8217;s outstanding common stock. This number includes </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">11,262 shares of common stock that are owned by Mr. Bagley&#8217;s children and 1,106,991 shares of common stock that are owned by other trusts where Mr. Bagley acts as a trustee and warrants to purchase 50,000 shares of common stock that are owned by other tr<font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">usts where Mr. Bagley acts as a trustee.</font></font></p>
<p style="margin: 0pt 9pt 0pt 0pt; text-indent: 32.8pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 9pt 0pt 0pt; text-indent: 32.8pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The reporting person may be deemed to have a pecuniary interest in 2,252,636 shares of common stock that are beneficially owned by a trust of which the reporting person is one of several beneficiaries. The reporting person does not exercise voting or dispositive control over any of the shares of common stock beneficially owned by this trust and disclaims beneficial ownership of such shares pursuant to Rule 13d-4.</font></p>
<p style="margin: 0pt 9pt 0pt 0pt; text-indent: 32.8pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-indent: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Number of shares of </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">c</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">ommon </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">s</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">tock as to which E. Bryan Bagley has:</font></p>
<p style="line-height: 11.25pt; margin: 0pt 0pt 0pt 16pt; padding-left: 120px; text-indent: 0pt;"><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">(i)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit; font-family: &quot;Times New Roman&quot;;"> </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">Sole power to vote or direct the vote: </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">412,561</font></p>
<p style="line-height: 1; margin: 0pt 0pt 0pt 16pt; padding-left: 120px; text-indent: 0pt;"><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">(ii)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit; font-family: &quot;Times New Roman&quot;;"> </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">Shared power to vote or direct the vote: </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">1,168,253</font></p>
<p style="line-height: 1; margin: 0pt 0pt 0pt 16pt; padding-left: 120px; text-indent: 0pt;"><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">(iii)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit; font-family: &quot;Times New Roman&quot;;"> </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">Sole power to dispose or direct the disposition: </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">412,561</font></p>
<p style="line-height: 1; margin: 0pt 0pt 0pt 16pt; padding-left: 120px; text-indent: 0pt;"><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">(iv)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit; font-family: &quot;Times New Roman&quot;;"> </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">Shared power to dispose or direct the disposition: </font><font style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; line-height: inherit;">1,168,253</font></p>
<p style="line-height: 10.55pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 33pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">(c)</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">On September 16, 2020, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">100</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,0</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">00</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shares at a price of $2.4925 per share was purchased <font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">in the Registered Offering&nbsp;</font>by a trust where&nbsp;<font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 43.7333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Mr. Bagley acts as a trustee</font></font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Company</font></p>
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<p style="margin: 0pt; text-indent: 32.4pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On September 16, 2020, a <font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 43.7333px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">trust in which Mr. Bagley acts as a trustee&nbsp;</font></font><font style="font-family: 'Times New Roman'; font-size: 10pt;">acquired a warrant to purchase 5</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">000</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shares of common stock in the Private Placement. A copy of the Form of Warrant was filed as Exhibit 4.1 to the Company&#8217;s Current Report on Form 8-K as filed with the SEC on September 14, 2020 and is incorporated herein by reference.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">CUSIP No.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">18506</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">U104</font></p>
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<p style="margin: 0pt 0pt 0pt 41pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">correct.</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">DATE:</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">September 18, 2020</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">/s/ </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">E. Bryan Bagley</font></p>
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<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">E. Bryan Bagley</font></p>
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