CLAR

Clarus Files Lawsuit Against HAP Trading and Harsh A. Padia For Recovery of Short-Swing Profits

Retrieved on: 
Friday, September 23, 2022

Our mission is to identify, acquire and grow outdoor super fan brands through our unique innovate and accelerate strategy.

Key Points: 
  • Our mission is to identify, acquire and grow outdoor super fan brands through our unique innovate and accelerate strategy.
  • We define a super fan brand as a brand that creates the worlds pre-eminent, performance-defining product that the best-in-class user cannot live without.
  • Each of our brands has a long history of continuous product innovation for core and everyday users alike.
  • We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

MAXTRAX Named Recipient of Australia Good Design Award in the Product Design Category for its 4x4 Recovery System

Retrieved on: 
Tuesday, September 20, 2022

The MAXTRAX 4x4 Recovery System is an innovative new product with expanded tools to assist overland enthusiasts safely recover their vehicles.

Key Points: 
  • The MAXTRAX 4x4 Recovery System is an innovative new product with expanded tools to assist overland enthusiasts safely recover their vehicles.
  • The 4x4 Recovery System is a prime example of the companys offerings to support safe outdoors adventures.
  • The Good Design Awards Jury commented: The MAXTRAX Recovery System demonstrates a holistic solution to the task of vehicle recovery.
  • MAXTRAX offers first-in-class vehicle recovery and extraction tracks, as well as an expanding offering of recovery systems for overland enthusiasts.

North American E-Bike Market Expected To Reach $1.62 Billion By 2027, Globally $92 Billion by 2029

Retrieved on: 
Wednesday, September 14, 2022

Fortune Business Insights projected Globally the E-Bike market is projected to reach $92 Billion by 2029 whereas a report from Mordor Intelligence said that the North American e-bike market alone is expected to reach USD $1.62 billion by 2027, registering a CAGR of 12.51% during the forecast period (2022 - 2027).

Key Points: 
  • Fortune Business Insights projected Globally the E-Bike market is projected to reach $92 Billion by 2029 whereas a report from Mordor Intelligence said that the North American e-bike market alone is expected to reach USD $1.62 billion by 2027, registering a CAGR of 12.51% during the forecast period (2022 - 2027).
  • The pedal-assisted segment is expected to dominate the market during the forecast period.
  • The major players in the market are adopting various growth strategies, such as partnerships and collaborations, to capture most of the market share.
  • American Rebel's grit, style and patriotic appeal will carry through to every product we design and put the American Rebel name on."

North American E-Bike Market Expected To Reach $1.62 Billion By 2027, Globally $92 Billion by 2029

Retrieved on: 
Wednesday, September 14, 2022

Fortune Business Insights projected Globally the E-Bike market is projected to reach $92 Billion by 2029 whereas a report from Mordor Intelligence said that the North American e-bike market alone is expected to reach USD $1.62 billion by 2027, registering a CAGR of 12.51% during the forecast period (2022 - 2027).

Key Points: 
  • Fortune Business Insights projected Globally the E-Bike market is projected to reach $92 Billion by 2029 whereas a report from Mordor Intelligence said that the North American e-bike market alone is expected to reach USD $1.62 billion by 2027, registering a CAGR of 12.51% during the forecast period (2022 - 2027).
  • The pedal-assisted segment is expected to dominate the market during the forecast period.
  • The major players in the market are adopting various growth strategies, such as partnerships and collaborations, to capture most of the market share.
  • American Rebel's grit, style and patriotic appeal will carry through to every product we design and put the American Rebel name on."

Clarus Announces September Investor Conference Schedule

Retrieved on: 
Wednesday, September 7, 2022

On Thursday, September 15, 2022, the Company will be attending the Raymond James Consumer Conference in New York, NY.

Key Points: 
  • On Thursday, September 15, 2022, the Company will be attending the Raymond James Consumer Conference in New York, NY.
  • A webcast of the Companys presentation will be accessible for 90 days after the conference at the link here .
  • On Tuesday and Wednesday, September 20-21, 2022, the Company will be attending the Wells Fargo Consumer Conference in Dana Point, CA.
  • For more information or to schedule 1x1 meetings, please contact your respective conference representative or Clarus investor relations team at [email protected] .

Clarus Issues Statement on Caption Management’s Schedule 13G Filed with the SEC

Retrieved on: 
Tuesday, September 6, 2022

SALT LAKE CITY, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a global company focused on the outdoor and consumer enthusiast markets, released a statement regarding Caption Management, LLCs recently filed Schedule 13G and its acquisition of beneficial ownership of Clarus common stock in violation of its Rights Agreement.

Key Points: 
  • SALT LAKE CITY, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a global company focused on the outdoor and consumer enthusiast markets, released a statement regarding Caption Management, LLCs recently filed Schedule 13G and its acquisition of beneficial ownership of Clarus common stock in violation of its Rights Agreement.
  • The statement provided by the Company is as follows:
    Caption Management, LLC and its affiliates (Caption) recently filed a Schedule 13G with the Securities and Exchange Commission disclosing that it has ceased to be the beneficial owner of more than 5% of Clarus common stock.
  • Captions failure to comply with applicable SEC rules undermined the market transparency intended by such rules.
  • Clarus is evaluating Captions transactions in Clarus stock and will seek disgorgement of any profits as applicable under the securities laws.

Clarus Issues Statement on Recent Stock Volatility and Parallax’s Unauthorized Purchases of Common Stock

Retrieved on: 
Thursday, September 1, 2022

Parallax Volatility Advisers, L.P. and its affiliates (Parallax) recently filed a Schedule 13G with the Securities and Exchange Commission disclosing that it has acquired beneficial ownership in excess of 5% of Clarus outstanding common stock.

Key Points: 
  • Parallax Volatility Advisers, L.P. and its affiliates (Parallax) recently filed a Schedule 13G with the Securities and Exchange Commission disclosing that it has acquired beneficial ownership in excess of 5% of Clarus outstanding common stock.
  • Clarus has communicated to Parallax that because such acquisition was without the approval of Clarus board of directors, it is a violation of its rights agreement dated February 7, 2008.
  • On August 19, 2022, Claruss board of directors approved two of its top stockholders to increase their respective ownership to up to 12.5% of the Companys outstanding shares of common stock.
  • We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

Clarity Acquires Harp Lake Nickel Project and Expands Exploration Portfolio

Retrieved on: 
Thursday, August 25, 2022

Claims can be accessed by Float Plane landing on Harp Lake or By Helicopter from Goose Bay.

Key Points: 
  • Claims can be accessed by Float Plane landing on Harp Lake or By Helicopter from Goose Bay.
  • Located in the Harp Lake Intrusive suite of Central Labrador, the Harp Lake Nickel Property hosts rocks comprised of Mesoproterozoic (1350 Ma), Leucogabbro to Leucotroctolite within mafic Intrusives rocks.
  • Clarity Gold Corp. is a Canadian mineral exploration project generator company focused on the acquisition, exploration and development of precious and base metals projects.
  • Clarity also has title on three additional early-stage projects in British Columbia:
    Empirical Gold Copper Molybdenite Property (10,518 ha) Lillooet, B.C.

Clarus Board of Directors Approves Two of Its Top Shareholders to Increase Their Positions up to 12.5% of Shares Outstanding

Retrieved on: 
Monday, August 22, 2022

We welcome the potential added ownership by two of our long-term shareholders, said Warren Kanders, executive chairman of Clarus.

Key Points: 
  • We welcome the potential added ownership by two of our long-term shareholders, said Warren Kanders, executive chairman of Clarus.
  • Clarus continues to make progress executing its super-fan brand strategy and remains focused on seeking to increase long-term shareholder value.
  • The Company expects to fully utilize approximately $39.5 million of the NOL carryforwards that expire on December 31, 2022.
  • We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

Clarus Corporation Declares Regular Quarterly Cash Dividend

Retrieved on: 
Friday, July 29, 2022

SALT LAKE CITY, July 29, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a global company focused on the outdoor and consumer enthusiast markets, announced that its board of directors has approved the Companys regular quarterly cash dividend of $0.025 per share.

Key Points: 
  • SALT LAKE CITY, July 29, 2022 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (Clarus and/or the Company), a global company focused on the outdoor and consumer enthusiast markets, announced that its board of directors has approved the Companys regular quarterly cash dividend of $0.025 per share.
  • Th cash dividend will be paid on August 19, 2022, to all stockholders of record as of August 8, 2022.
  • Headquartered in Salt Lake City, Utah, Clarus Corporation is a global leading designer, developer, manufacturer and distributor of best-in-class outdoor equipment and lifestyle products focused on the outdoor and consumer enthusiast markets.
  • We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.