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This report discusses the approval given by Clarus Corporation\'s Board of Directors to Thrivent Asset Management, LLC to increase its beneficial ownership of the company\'s outstanding shares above 4.9%, under specified conditions regarding share ownership and reporting eligibility.
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Form 8-K is a report that publicly traded companies in the United States must file with the Securities and Exchange Commission (SEC) to announce major events that shareholders should be made aware of.
Any publicly traded company, regardless of size, is required to file Form 8-K if certain significant events occur.
To fill out Form 8-K, companies must provide detailed information about the event, including the date it occurred, disclosures required under specific items of the form, and any necessary exhibits.
The purpose of Form 8-K is to ensure that investors and the public have timely access to important information about a company that can influence its stock price and business decisions.
Information reported on Form 8-K includes but is not limited to significant acquisitions, disposals, changes in leadership, bankruptcy events, and amendments to the company's articles of incorporation or bylaws.
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