💊New Chapter 11 Bankruptcy Filing - Clarus Therapeutic Holdings Inc. ($CRXT)💊

On September 5th, IL-based Clarus Therapeutics Holdings, Inc. ($CRXT) and another affiliate, Clarus Therapeutics Inc. (together, the “debtors”), filed for chapter 11 in the U.S. Bankruptcy Court for the District of Delaware (Judge Walrath). The filing comes less than a year after the company went public via SPAC (Blue Water Acquisition Corporation) at a…