{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-004935","form_type":"8-K","ticker":"CWAN","cik":"0001866368","company_name":"Clearwater Analytics Holdings, Inc.","filed_at":"2025-01-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.379487+00:00","generated_at":"2026-05-28T03:53:08.867023+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Clearwater Analytics to acquire Enfusion; $1.0B debt financing, $52.3M termination fee","bullets":["Merger agreement signed Jan 10, 2025; Enfusion stockholders can elect mixed, stock, or cash consideration per share.","Clearwater obtained $1.0B in new debt financing, plus cash on hand, to fund cash portion and fees; financing not a condition to closing.","Enfusion must pay a $52,325,000 termination fee if it terminates for a superior proposal or board changes recommendation.","Stockholders representing ~45% of Enfusion voting power signed support agreements to vote in favor and restrict share transfers.","Conditions include Enfusion stockholder approval, HSR clearance, and effectiveness of Form S-4; deal must close by July 9, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-004935","json":"https://secwatch.observer/filing/0001193125-25-004935.json","markdown":"https://secwatch.observer/filing/0001193125-25-004935.md","text":"https://secwatch.observer/filing/0001193125-25-004935.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866368/000119312525004935/0001193125-25-004935-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866368/000119312525004935/d921635d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T03:53:08.867023+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}