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Stock impact report

Clarus Corporation Completes Sale of PIEPS Snow Safety Brand

Clarus Corporation (CLAR) 
NASDAQ:AMEX Investor Relations: claruscorp.com
Company Research Source: GlobeNewswire
SALT LAKE CITY, July 14, 2025 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, has completed the Company’s previously announced sale of PIEPS and assets of the JetForce avalanche pack intellectual property to a private investment firm for a total purchase price of €7.8 million, or approximately $9.1 million, including cash and debt. Warren B. Kanders, Clarus’ Executive Chairman, said, “The divestiture of PIEPS reflects our continued focus on simplifying the business and rationalizing our product categories. Following a comprehensive strategic review process, this transaction further strengthens our balance sheet and supports our ability to capitalize on clear long-term growth opportunities.” About Clarus Corporation Headquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for ou Show less Read more
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