United States
Securities and Exchange Commission
Washington, D.C. 20549
Form
Current Report
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Item 8.01 Other Events.
In connection with an investigation being conducted by the U.S. Attorney’s Office for the District of Utah, which relates to the previously reported U.S. Consumer Products Safety Commission investigation under the Consumer Product Safety Act, in January 2025 Clarus Corporation (the “Company”) and Black Diamond Equipment, Ltd. (“BDEL”) received grand jury subpoenas for documents relating to, among other things, certain avalanche transmitters distributed by BDEL. The Company and BDEL intend to cooperate with the investigation.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company’s current beliefs, understanding and expectations regarding the investigation being conducted by the U.S. Attorney’s Office for the District of Utah and its anticipated impact on the Company’s business, operations and financial results. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements. Factors that could cause actual results to differ from those expressed in these forward-looking statements include, but are not limited to, the legal, reputational and financial risks resulting from the investigation; and the risks described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Unless required by law, the Company expressly disclaims any obligation to update publicly any forward-looking statements, whether as result of new information, future events or otherwise.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit | Description |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: January 31, 2025
| CLARUS CORPORATION | ||
| By: | /s/ Michael J. Yates | |
| Name: Michael J. Yates | ||
| Title: Chief Financial Officer | ||