| | |
Per Share
|
| |
Total
|
| ||||||
Public offering price
|
| | | $ | 27.00 | | | | | $ | 74,250,000(1) | | |
Underwriting discount
|
| | | $ | 1.62 | | | | | $ | 4,455,000(1) | | |
Proceeds, before expenses, to Clarus Corporation.
|
| | | $ | 25.38 | | | | | $ | 69,795,000(1) | | |
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Prospectus Supplement | | | | | | | |
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Prospectus | | | | | | | |
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As of June 30, 2021
(In Thousands) |
| |||||||||
| | |
Actual
|
| |
As Adjusted
|
| ||||||
Cash
|
| | | $ | 6,782 | | | | | $ | 10,827 | | |
Debt: | | | | | | | | | | | | | |
Revolving credit facility
|
| | | $ | 10,112 | | | | | $ | — | | |
Foreign credit facilities
|
| | | | 1,010 | | | | | | 1,010 | | |
Term note
|
| | | | 16,000 | | | | | | 125,000 | | |
Total debt, including current maturities
|
| | | | 27,122 | | | | | | 126,010 | | |
Stockholders’ equity: | | | | | | | | | | | | | |
Preferred stock, $0.0001 par value per share; 5,000 shares authorized; none issued
|
| | | | — | | | | | | — | | |
Common stock, $0.0001 par value per share; 100,000 shares authorized (actual and as adjusted); 35,496 issued (actual), 40,561 issued (as adjusted); 31,485 outstanding (actual), 36,550 outstanding (as adjusted)
|
| | | | 4 | | | | | | 4 | | |
Additional paid in capital
|
| | | | 518,981 | | | | | | 643,359 | | |
Accumulated deficit
|
| | | | (280,148) | | | | | | (280,148) | | |
Treasury stock, at cost
|
| | | | (24,440) | | | | | | (24,440) | | |
Accumulated other comprehensive income
|
| | | | 783 | | | | | | 783 | | |
Total stockholders’ equity
|
| | | | 215,180 | | | | | | 339,558 | | |
Total capitalization
|
| | | $ | 242,302 | | | | | $ | 465,568 | | |
Underwriters
|
| |
Number
of Shares |
| |||
BofA Securities, Inc.
|
| | | | 1,695,833 | | |
Stifel, Nicolaus & Company, Incorporated
|
| | | | 468,519 | | |
Raymond James & Associates, Inc.
|
| | | | 351,389 | | |
Roth Capital Partners, LLC
|
| | | | 234,259 | | |
Total
|
| | | | 2,750,000 | | |
| | |
Per Share
|
| |
Without
Option |
| |
With Option
|
| |||||||||
Public offering price
|
| | | $ | 27.00 | | | | | $ | 74,250,000 | | | | | $ | 85,387,500 | | |
Underwriting discount
|
| | | $ | 1.62 | | | | | $ | 4,455,000 | | | | | $ | 5,123,250 | | |
Proceeds, before expenses, to us
|
| | | $ | 25.38 | | | | | $ | 69,795,000 | | | | | $ | 80,264,250 | | |
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