other material
confidence high
sentiment neutral
materiality 0.60
Selling stockholders to offer 25M shares of Clearwater Analytics in secondary offering
Clearwater Analytics Holdings, Inc.
- 25M shares of Class A common stock offered by selling stockholders; company receives no proceeds.
- Underwriting agreement with J.P. Morgan as sole underwriter; offering closes Nov 13, 2024.
- Selling stockholders include affiliates of Welsh Carson, Permira, and Warburg Pincus.
- Offering made under effective shelf registration; no new shares issued by company.