Clarus board of directors approves thrivent asset management, a top shareholder, to increase its position to up to 9.9% of shares outstanding

Salt lake city, oct. 04, 2022 (globe newswire) -- the board of directors for clarus corporation (nasdaq: clar) (“clarus” and/or the “company”), a global company focused on the outdoor and consumer enthusiast markets, has approved thrivent asset management, llc (“thrivent”) to be permitted under the company's rights agreement, dated as of february 12, 2008, to increase its beneficial ownership in clarus to up to an aggregate of 9.9% of the company's outstanding shares of common stock.
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