08:45 AM EDT, 07/14/2025 (MT Newswires) -- Clarus ( CLAR ) said Monday it completed the sale of PIEPS and certain JetForce avalanche airbag assets to a private investment firm for about $9.1 million.

The deal includes both cash and debt and follows Clarus' ( CLAR ) previously announced plan to divest the businesses, the company said.

Shares of the company were up more than 3% in recent Monday premarket activity.

Price: 3.75, Change: +0.11, Percent Change: +3.02