Clarus approves two investors to increase ownership up to 12.5% under Rights Agreement

Clarus Corp

Greenhouse Funds (currently 7.4% owner) allowed to raise beneficial ownership to 12.5%.
Brown Advisory (currently 8.5% owner) likewise permitted to go to 12.5%.
Approval conditional on staying eligible for Schedule 13G and completing increase within 12 months.
If ownership later falls below 9.9%, the waiver automatically terminates and new approval is required.

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