Clearwater Analytics Holdings, Inc. (CWAN) Launches 25M Share Secondary Offering

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Clearwater Analytics Announces Launch of Secondary Offering of Class A Common Stock

November 11, 2024 4:36 PM EST

BOISE, Idaho--(BUSINESS WIRE)-- Clearwater Analytics Holdings, Inc. (Clearwater or the Company) (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that it has launched an underwritten secondary public offering of an aggregate of 25,000,000 shares of the Companys Class A common stock, par value $0.001 per share (the Common Stock). The Company is conducting a resale of Common Stock on behalf of certain affiliates of each of Welsh, Carson, Anderson & Stowe, Warburg Pincus LLC and Permira Advisers LLC (collectively, the Selling Stockholders). The Company will not receive any... More