secwatch.observer — SEC 8-K summary
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Issuer:     Clarus Corp (CLAR)
CIK:        0000913277
Form:       8-K
Filed at:   2022-08-22T23:59:59+00:00
Accession:  0001104659-22-093363
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913277/000110465922093363/0001104659-22-093363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913277/000110465922093363/tm2224281d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-093363

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer