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Stock impact report

Clarus Board of Directors Approves Two of Its Top Shareholders to Increase Their Positions up to 15.0% and 26.7% of Shares Outstanding [Yahoo! Finance]

Clarus Corporation (CLAR) 
NASDAQ:AMEX Investor Relations: claruscorp.com
Company Research Source: Yahoo! Finance
global company focused on the outdoor enthusiast markets, has approved the respective requests of two of its largest shareholders, Greenhouse Funds LLLP (“Greenhouse”) and Clarus Executive Chairman Warren Kanders and its affiliates (collectively, “Kanders”), to be permitted under the Company's Rights Agreement dated as of February 12, 2008, to increase their beneficial ownership. Greenhouse and Kanders have been permitted to increase their positions to up to 15.0% and 26.7% of the Company's outstanding shares of common stock, respectively. Greenhouse has beneficial ownership of 4,538,107 shares of the Company's common stock, as publicly disclosed by Greenhouse in the Schedule 13G as of December 31, 2023, filed by it with the Securities and Exchange Commission on February 14, 2024, which represents approximately 11.9% of the Company's outstanding shares of common stock. Kanders has beneficial ownership of 6,525,421 shares of the Company's common stock, as publicly disclosed by Kander Show less Read more
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