---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-000845"
form_type: "8-K"
ticker: "CLAR"
cik: "0000913277"
company_name: "Clarus Corp"
filed_at: "2024-01-03T23:59:59+00:00"
generated_at: "2026-06-07T05:00:47.619691+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Clarus to sell Precision Sport segment for $175M cash; expects close in Q1 2024

## Summary
- Agreement to sell Sierra Bullets and Barnes Bullets to Bullseye Acquisitions, an affiliate of JDH Capital Co.
- Purchase price $175M in cash at closing, subject to customary working capital adjustment.
- Transaction expected to close in Q1 2024, subject to HSR and other customary conditions.
- Proceeds will be used to pay down debt and for general corporate purposes.
- Special Committee of independent directors unanimously approved after receiving multiple offers.

## SEC filing metadata
- accession: 0001104659-24-000845
- form_type: 8-K
- ticker: CLAR
- cik: 0000913277
- company_name: Clarus Corp
- filed_at: 2024-01-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913277/000110465924000845/0001104659-24-000845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913277/000110465924000845/tm241587d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-000845
- JSON: https://secwatch.observer/filing/0001104659-24-000845.json
- Plain text: https://secwatch.observer/filing/0001104659-24-000845.txt

## Key facts
- Material Agreements
  Clarus Corp entered into Purchase Agreement with Bullseye Acquisitions, LLC valued at $175 million (effective 2023-12-29).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Bullseye Acquisitions, LLC
  - Value: $175 million
  - Effective: 2023-12-29
  source text: On December 29, 2023, Clarus Corporation (the “Company”) and Everest/Sapphire Acquisition, LLC (the “Seller”), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Bullseye Acquisitions, LLC (the “Buyer”), an affiliate of JDH Capital Company, pursuant to which the Company and Seller agreed to sell all of the equity associated with the Company’s Precision Sport segment, which is comprised of the Company’s subsidiaries Sierra Bullets, L.L.C. (“Sierra”) and Barnes Bullets – Mona, LLC (“Barnes”) to the Buyer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913277/000110465924000845/0001104659-24-000845-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.