secwatch.observer — SEC 8-K summary
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Issuer:     Clarus Corp (CLAR)
CIK:        0000913277
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0001104659-21-131806
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarus Corporation announces $69.8M public offering of 2.75M shares at $27.00; proceeds to repay $65M credit facility.
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- Underwriting agreement for 2,750,000 shares at $27.00/share; net proceeds ~$69.8M after 6% underwriting discount.
- Approximately $65M of proceeds to repay revolving loan facility; balance for general corporate purposes including acquisitions.
- Underwriters granted a 30-day option to purchase up to 412,500 additional shares on same terms.
- Offering closed October 29, 2021; BofA Securities acted as representative of the underwriters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913277/000110465921131806/0001104659-21-131806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913277/000110465921131806/tm2130906d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-131806

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