other material
confidence high
sentiment negative
materiality 0.50
Clearwater Analytics selling stockholders offer 12M shares in secondary offering
Clearwater Analytics Holdings, Inc.
- Warburg Pincus and Permira affiliates sell 12M shares of Class A common stock in underwritten offering.
- Company receives no proceeds; all shares sold by existing stockholders.
- Offering priced June 10, 2024, expected to close June 12; Citigroup sole underwriter.
- Offering conducted under existing shelf registration statement (File No. 333-270350).