secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001193125-23-068402
Event type: other_material
Sentiment:  positive
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Analytics reports no material exposure to SVB receivership; affiliate client <1.5% of ARR
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- No deposits or direct investments at Silicon Valley Bank; no expected effect on liquidity or treasury operations.
- SVB affiliate client represents less than 1.5% of annualized recurring revenue as of Dec 31, 2022.
- Client was current in payments; receivable balance is de minimis; services are for end-clients at third-party custodian.
- Company does not believe it has any material exposure to the SVB receivership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000119312523068402/0001193125-23-068402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000119312523068402/d278121d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-068402

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer