M&A
confidence high
sentiment neutral
materiality 0.65
Clearwater-Enfusion deal to close Apr 21; cash election oversubscribed at $10.87/share
Clearwater Analytics Holdings, Inc.
- 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.