Clarus in formal strategic review since May 7, 2026 — board exploring sale of all or part; no outcome announced through Aug 2026

The strategic review is real (verified against the company's own press releases filed as 8-K exhibits) and remained open with no outcome as of Oct 7, 2026. It is the dominant corporate event for the equity: the board is explicitly testing a sale of the whole company or of segments while management runs a standalone 'simplification' plan in parallel.