secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2026-06-25T14:16:38+00:00
Accession:  0001193125-26-282050
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 2.03, 2.04, 3.01, 3.03, 5.01, 5.03, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Analytics completes $8.4B take-private by Permira and Warburg Pincus
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- Stockholders receive $24.55/share cash; ~47% premium over undisturbed price on Nov 10, 2025.
- Total cash consideration to equityholders ~$7.4B; transaction valued at ~$8.4B including debt.
- New board appointed; former directors resigned; Peter Flynn and Thomas Lafrance appointed, then Jim Cox elected.
- Old credit agreement repaid; new $2.7B term loan, $500M delayed draw, $325M revolver entered.
- Company will delist from NYSE and deregister; intends to file Form 15 to suspend reporting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000119312526282050/0001193125-26-282050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000119312526282050/d21570d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-282050

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