secwatch.observer — SEC 8-K summary
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Issuer:     Clarus Corp (CLAR)
CIK:        0000913277
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001104659-24-032099
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarus permits Greenhouse and Kanders to increase stakes to 15% and 26.7% under poison pill waiver
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- Greenhouse (current ~11.9% owner) approved to acquire up to 15.0% of CLAR common stock within 12 months.
- Executive Chairman Warren Kanders (current ~16.7%) approved to acquire up to 26.7% within 12 months.
- Waivers terminate if either party's ownership falls below 9.9%; new board approval required to exceed that threshold.
- Approvals are conditioned on not exceeding the stated caps and apply to the 2008 Rights Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913277/000110465924032099/0001104659-24-032099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913277/000110465924032099/tm248174d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-032099

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