{"filings":[{"id":96390,"accession_number":"0001866368-26-000017","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearwater Q1 revenue $221M (+74% YoY); adjusted EBITDA $77.4M; acquisition expected Q2 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $221.2M (+74% YoY); ARR $872M (+77% YoY); Adj. EBITDA $77.4M (+72% YoY).","GAAP net loss $2.8M vs $6.5M net income a year ago; Non-GAAP net income $48.6M (+39.5%).","Shareholders voted May 6 to approve $8.4B acquisition at $24.55/sh; all regulatory approvals except Australia FIRB; expected close Q2 2026.","No earnings conference call or forward guidance due to pending acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":221228000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96389,"accession_number":"0001193125-26-210384","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Clearwater Analytics stockholders approve merger with GT Silver BidCo; expected close Q2 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["205,143,338 votes for, 1,387,769 against, 4,235,339 abstained on Merger Agreement adoption.","Disinterested stockholder approval passed with 200,228,312 votes for.","Merger subject to Australian FIRB approval; application submitted in Q2 2026.","Pending FIRB and other conditions, merger expected to close in Q2 2026.","Special meeting quorum was 70.6% (210.8M shares present)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110264,"accession_number":"0001866368-26-000009","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"CWAN Q4 revenue $217.5M (+72% YoY); ARR $841M (+77%); Adj EBITDA $74.1M (+78%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $217.5M (+72% YoY); GAAP net loss $12.5M vs net income $420.3M in Q4'24.","ARR $841M (+77% YoY); adjusted EBITDA $74.1M (+78%); non-GAAP gross margin record 79.2%.","Operating cash flow $55.3M; free cash flow $52.3M; repurchased 510k shares for $9.2M at avg $17.97.","Net revenue retention rate 109% (up from 108% in Q3); gross revenue retention 98%.","Proposed acquisition at $24.55/share expected to close Q2 2026; no earnings call or forward guidance given."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":731368000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110263,"accession_number":"0001866368-26-000004","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Clearwater Analytics gets early HSR termination for GT Silver merger; Q2 2026 close expected","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Early termination of HSR waiting period granted effective February 13, 2026.","Merger expected to close in Q2 2026, subject to stockholder approval and other closing conditions.","Stockholders must approve by majority of voting power and majority of disinterested stockholder votes.","Merger agreement signed Dec 20, 2025; Clearwater will become wholly owned by Parent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110262,"accession_number":"0001193125-26-021289","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2026-01-23T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Clearwater Analytics go-shop period expires with no alternative acquisition proposals","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Go-shop period expired Jan 23, 2026; no alternative acquisition proposal received from any of 44 solicited parties.","Company solicited 44 parties (20 financial, 24 strategic); 6 signed confidentiality agreements and accessed data room.","No competing bid emerged; company now subject to customary no-shop restrictions under merger agreement with GT Silver BidCo.","Merger agreement announced Dec 20, 2025; go-shop expiration increases likelihood of deal closing as planned."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126844,"accession_number":"0000950157-25-001016","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-12-22T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Clearwater Analytics to be acquired for $8.4B, shareholders to receive $24.55 per share cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Transaction valued at ~$8.4B; per share cash price of $24.55 represents ~47% premium over undisturbed price as of Nov 10, 2025.","Acquired by Permira and Warburg Pincus-led Investor Group with support from Francisco Partners and Temasek.","Company may solicit alternative acquisition proposals during a go-shop period ending Jan 22, 2026, with extension to Feb 2, 2026.","Termination fee: $111.67M if deal terminated for superior proposal during go-shop; $241.95M otherwise; Parent pays $521.13M if it fails to close.","Transaction expected to close in 2026, subject to stockholder approval, regulatory approvals, and other customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126843,"accession_number":"0001866368-25-000029","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearwater Q3 revenue $205.1M (+77% YoY); Adj EBITDA $70.7M (+84%); ARR $807.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $205.1M (+77% YoY); Adjusted EBITDA $70.7M (+84% YoY) with margin 34.5%.","GAAP net loss $10.5M vs net income $4.8M prior year; Non-GAAP net income $40.6M (+31%).","ARR $807.5M (+77% YoY); organic ARR excl. acquisitions $534.4M (sequential +$21.7M).","Q4 guidance: revenue $216-217M, Adj EBITDA $73M; FY2025 revenue $730-731M, Adj EBITDA $247M.","Operating cash flow $49.0M; free cash flow $44.9M; repaid $40M debt; $8.9M share repurchase."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":513911000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143633,"accession_number":"0001866368-25-000022","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Clearwater Analytics authorizes $100M share repurchase program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized up to $100M in repurchases of Class A common stock.","At $20.19 close, ~5M shares could be bought, partially offsetting recent dilution.","CFO expects to exceed debt-to-EBITDA deleveraging goal of <3.0 by Dec 2026.","Repurchases via open market or 10b5-1 plan; no time limit set."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143632,"accession_number":"0001866368-25-000016","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearwater Analytics Q2 revenue $181.9M (+70% YoY); raises FY2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $181.9M, up 70% YoY; ARR $783.5M, up 83% YoY.","Net loss $24.2M ($0.09/share); non-GAAP net income $34.8M ($0.12 diluted).","Adjusted EBITDA $58.3M (32.1% margin), up 74% YoY.","Achieved $20M synergy target one year early; non-GAAP gross margin 77.4%.","Q3 guidance rev $203-204M; FY2025 rev $726-732M, Adj EBITDA $232-237M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":308801000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143631,"accession_number":"0001866368-25-000010","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Clearwater Analytics appoints Bas NieuweWeme and Mukesh Aghi to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bas NieuweWeme appointed as Class I director, effective July 31, 2025; receives $40k annual cash retainer and initial RSU grant worth $350k.","Mukesh Aghi elected by shareholders at 2025 Annual Meeting as Class I director.","NieuweWeme brings 25+ years asset management experience, most recently Global CEO of Aegon Asset Management overseeing $400B+.","Aghi facilitated $50B+ in cross-border investments; CEO of U.S.-India Strategic Partnership Forum.","Board additions align with Clearwater's focus on international growth and private markets expansion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161843,"accession_number":"0001866368-25-000009","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-06-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Annual meeting elects three Class I directors; auditor KPMG ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Mukesh Aghi elected with 472,900,372.90 votes for, 3,530,909 withheld, 11,786,032 broker non-votes.","Jacques Aigrain elected with 388,016,414.90 for, 88,414,867 withheld.","Lisa Jones elected with 410,911,517.90 for, 65,519,764 withheld.","KPMG LLP ratified as auditor for FY2025 with 486,328,242.90 for, 1,803,968 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161842,"accession_number":"0001193125-25-141408","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-06-16T23:59:59+00:00","items":["3.03","5.03","8.01","9.01"],"status":"ready","headline":"Clearwater Analytics eliminates all super-voting shares after WCAS stake drops below 5%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All outstanding super-voting Class C and Class D shares (10 votes each) auto-converted to single-vote Class B and Class A shares on June 12, 2025.","Conversion triggered by WCAS selling ~14.1M shares, reducing ownership to ~1.7%; Permira and Warburg Pincus had already exited super-voting positions.","Total outstanding shares unchanged; economic interests for former super-voting holders remain identical.","Certificate of Retirement filed to reduce authorized capital; Class A common stock continues trading as CWAN with same CUSIP."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161841,"accession_number":"0001628280-25-021074","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Clearwater Analytics Q1 revenue $126.9M (+24%), net income $6.9M, adjusted EBITDA $45.1M (+40%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $126.9M (+23.5% YoY); net income $6.9M vs $2.2M YoY; GAAP EPS $0.03.","Adjusted EBITDA $45.1M (+40% YoY); free cash flow $23.0M (+168% YoY); ARR $493.9M (+23% YoY).","Gross revenue retention 98%, net revenue retention 114%; non-GAAP gross margin 78.9% (+80 bps YoY).","Completed acquisitions of Enfusion, Beacon, and Bistro; combined FY2025 revenue guidance $720M–$728M.","Q2 standalone guidance: revenue ~$129M, adj. EBITDA ~$45M; pro-rated acquired rev adds ~$45M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":126864000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161840,"accession_number":"0001193125-25-087277","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-04-21T23:59:59+00:00","items":["1.01","1.02","2.01","2.03","7.01","9.01"],"status":"ready","headline":"Clearwater completes $1.5B acquisition of Enfusion, unifies front-to-back investment platform","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition valued at ~$1.5B; Enfusion holders receive $10.87/share (cash) or 0.4676 CWAN shares, subject to proration (52% cash/48% stock).","Clearwater secures new $800M term loan and $200M revolver from JPMorgan-led syndicate to fund deal and refinance existing debt.","Deal creates first single-instance, cloud-native platform for front, middle, and back-office investment operations, eliminating fragmented workflows.","Enfusion contributes 38% of revenue from Europe/Asia; Clearwater expands global footprint to 7 hubs including London, Mumbai, and Singapore.","Clearwater's earlier acquisition of BISTRO (private credit analytics) and pending Beacon acquisition further broaden platform capabilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161839,"accession_number":"0001193125-25-083531","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-04-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Clearwater-Enfusion deal to close Apr 21; cash election oversubscribed at $10.87/share","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Expected close on April 21, 2025, pending shareholder approval and customary conditions.","Final Parent Stock Price set at $23.2440, below collar; Per Share Cash Consideration fixed at $10.87.","45.5% of shares elected Mixed Consideration, 6.1% Stock, 40.9% Cash (oversubscribed, prorated), 7.6% no election (receive stock).","Corporate mergers expected to qualify as a tax-free reorganization under Section 368(a).","Aggregate Consideration valued at $1.41B based on 129,995,464 Eligible Shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161838,"accession_number":"0001193125-25-071381","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Clearwater/Enfusion set April 16 election deadline; deal expected to close April 21","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Enfusion shareholders must elect form of merger consideration by 5:00 p.m. ET on April 16, 2025.","Each share eligible for cash portion of $5.85 plus stock, or all-stock exchange ratio, or all-cash Aggregate Consideration Per Share, subject to proration.","Per Share Parent Stock Amount ranges from 0.2159 to 0.1766 depending on CWAN VWAP over ten trading days before close.","Transaction expected to close on or about April 21, 2025, subject to shareholder approval and customary conditions.","Innisfree M&A Incorporated serving as information agent; shareholders should contact (877) 750-0637."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179908,"accession_number":"0001193125-25-068760","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["2.01","3.02"],"status":"ready","headline":"Clearwater Analytics closes acquisition of Blackstone's Bistro portfolio visualization platform","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Consideration: 3,833,333 shares of Class A common stock issued at closing, plus $10M cash due by July 1, 2025.","Bistro is Blackstone's proprietary portfolio visualization software built for its Credit & Insurance (BXCI) business.","Shares issued in reliance on Section 4(a)(2) and Rule 506 of Regulation D, unregistered sale.","Acquisition originally announced in March 2025 8-K filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179907,"accession_number":"0001193125-25-052444","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-03-12T23:59:59+00:00","items":["1.01","3.02","8.01","7.01","9.01"],"status":"ready","headline":"Clearwater Analytics acquires Beacon for ~$560M and Bistro from Blackstone for $125M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Beacon acquisition: ~$560M total (60% cash, 40% stock at $30.05/share); Beacon had $44M ARR in 2024.","Bistro acquisition: $125M from Blackstone ($10M cash, rest stock at $30/share); portfolio visualization platform.","Funding via $800M Term Loan B, cash on hand, and $200M revolver; also includes prior Enfusion acquisition.","Deals aim to create a unified front-to-back platform spanning public/private markets, data, risk, and execution.","PIMCO, an existing Beacon strategic partner and investor, will continue to collaborate on the platform."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179906,"accession_number":"0001628280-25-008298","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Clearwater & Enfusion HSR waiting period expired; 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no broker non-votes.","TRA Amendment provides for one-time settlement payments to fully terminate past and future TRA payment obligations.","Proposal 2 (adjournment) also approved but not needed due to quorum and sufficient votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.15,"market_cap_usd":7278636939.866912,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196705,"accession_number":"0001628280-24-047398","cik":1866368,"company_name":"Clearwater Analytics Holdings, Inc.","ticker":"CWAN","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Selling stockholders to offer 25M shares of Clearwater Analytics in secondary offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["25M shares of Class A common stock offered by selling stockholders; 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