Form D

View Original Filing

Notice of Exempt Offering of Securities

Item 1. Issuer's Identity

Name of Issuer:
CLARUS CORP
Jurisdiction of Incorporation/Organization
DE
Year of Incorporation/Organization
Over Five Years Ago

Previous Name(s)

  • SQL FINANCIALS INTERNATIONAL INC /DE/
Entity Type
CORPORATION

Item 2 Issuer Principal Place of Business and Contact Information

2084 EAST 3900 SOUTH
SALT LAKE CITY, UT 84124
Phone Number: subscription required

Item 3. Related Persons

Name
WARREN B. KANDERS
Address
subscription required
Relationship(s)
  • DIRECTOR
  • EXECUTIVE OFFICER
Clarification of Response

Item 3. Related Persons

Name
ROBERT R. SCHILLER
Address
subscription required
Relationship(s)
  • DIRECTOR
  • EXECUTIVE OFFICER
Clarification of Response

Item 3. Related Persons

Name
PETER METCALF
Address
subscription required
Relationship(s)
  • DIRECTOR
  • EXECUTIVE OFFICER
Clarification of Response

Item 3. Related Persons

Name
ROBERT PEAY
Address
subscription required
Relationship(s)
  • EXECUTIVE OFFICER
Clarification of Response

Item 3. Related Persons

Name
DONALD HOUSE
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
NICHOLAS SOKOLOW
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
MICHAEL A. HENNING
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 3. Related Persons

Name
PHILIP N. DUFF
Address
subscription required
Relationship(s)
  • DIRECTOR
Clarification of Response

Item 4. Industry Group

MANUFACTURING

Item 5. Issuer Size

Revenue Range (for issuer not specifying "hedge" or "other investment" fund in Item 4 above)
NO REVENUES

Item 6. Federal Exemptions and Exclusions Claimed

Item 7. Type of Filing

New Notice
Date of First Sale in this Offering:
05/28/2010

Item 8. Duration of Offering

Does the issuer intend this offering to last more than one year?
No

Item 9. Type(s) of Securities Offered

  • Equity
  • Debt

Item 10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
Yes
Clarification of Response
$22,055,520 OF EQUITY AND $22,055,523 OF DEBT WERE OFFERED IN CONNECTION WITH A BUSINESS COMBINATION AND $2,902,602 OF EQUITY WAS OFFERED IN CONNECTION WITH A PRIVATE PLACEMENT

Item 11. Minimum Investment

Minimum Investment accepted from any outside investor
0

Item 12. Sales Compensation

Recipient
N/A
Recipient CRD Number
NONE
(Associated) Broker or Dealer)
NONE
(Associated) Broker or Dealer CRD Number
NONE
Address
N/A
N/A, XX 00000
States of Solicitation

Item 13. Offering and Sales Amounts

Total Offering Amount
47013645
Total Amount Sold
47013645
Total Remaining to be Sold
0
Clarification of Response
CONSISTS OF $24,958,122 OF COMMON STOCK AND $22,055,523 OF 5% SEVEN-YEAR SUBORDINATED NOTES.

Item 14. Investors

Securities in the offering have been or may be sold to persons who do not qualify as accredited investors,
Number of non-accredited investors who already have invested in the offering:
Total number of investors who already have invested in the offering:
13

Item 15. Sales Commissions and Finders' Fees Expenses

Sales Commissions:
0.0
Finders' Fees
0.0
Clarification of Response

Item 16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers,directors or promoters in response to Item 3 above.
0.0
Clarification of Response

Signature and Submission

Issuer Name
CLARUS CORP
Issuer Signature
/S/ ROBERT PEAY
Signer Name
ROBERT PEAY
Signer Title
CHIEF FINANCIAL OFFICER
Signature Date
06/10/2010
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