Filing Details

Accession Number:
0001104659-21-117993
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-21 18:38:07
Reporting Period:
2021-09-17
Accepted Time:
2021-09-21 18:38:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1817944 Clarus Therapeutics Holdings Inc. CRXT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1081816 Ltd Fund Ffi C/O Bracebridge Capital, Llc
888 Boylston Street, 15Th Floor
Boston MA 02199
No No Yes No
1411786 Ltd Fyi C/O Bracebridge Capital, Llc
888 Boylston Street, 15Th Floor
Boston MA 02199
No No Yes No
1426486 Bracebridge Capital, Llc 888 Boylston Street, 15Th Floor
Boston MA 02199
No No Yes No
1639809 Olifant Fund, Ltd. C/O Bracebridge Capital, Llc
888 Boylston Street, 15Th Floor
Boston MA 02199
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-09-17 127,360 $9.20 2,102,495 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Footnotes
  1. Shares of common stock, $0.0001 par value per share ("Shares") of Clarus Therapeutics Holdings, Inc. (the "Issuer"), were sold as follows: (i) 92,973 Shares were sold by FFI Fund Ltd. ("FFI"), (ii) 17,830 Shares were sold by FYI Ltd. ("FYI"), and (iii) 16,557 Shares were sold by Olifant Fund, Ltd. (together with FFI and FYI, the "Bracebridge Funds"). Bracebridge Capital, LLC (the "Investment Manager") is the investment manager of each of the Bracebridge Funds and has the authority to vote and dispose of all the Shares reflected herein.
  2. This price is a weighted-average price. These Shares were sold in multiple transactions at prices ranging from $9.05 to $9.34, inclusive. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the ranges set forth in this explanatory note.
  3. Each of the Bracebridge Funds and the Investment Manager disclaims beneficial ownership of the Shares except to the extent of any pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the Shares reported herein for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.