other material
confidence high
sentiment neutral
materiality 0.50
Clearwater Analytics secondary offering of 16.25M shares by Welsh Carson affiliates; company gets no proceeds
Clearwater Analytics Holdings, Inc.
- Selling stockholders (Welsh, Carson, Anderson & Stowe affiliates) offer 16,250,000 shares of Class A common stock.
- J.P. Morgan Securities LLC is sole underwriter; closing expected March 11, 2024.
- Clearwater receives no proceeds from the offering.
- Offering made via shelf registration statement (File No. 333-270350) and prospectus supplement dated March 6, 2024.