Clearwater Analytics Announces Pricing of Secondary Offering of Class A Common Stock
BOISE, Idaho, March 8, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. ("Clearwater Analytics" or the "Company") (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced the pricing of its underwritten secondary public offering of its Class A common stock priced at a price to the public of $15.00 per share.
- BOISE, Idaho, March 8, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. ("Clearwater Analytics" or the "Company") (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced the pricing of its underwritten secondary public offering of its Class A common stock priced at a price to the public of $15.00 per share.
- The offering consists of 13,000,000 shares of Class A common stock to be sold by certain affiliates of Welsh, Carson, Anderson & Stowe (collectively, the "Selling Stockholders").
- The Company will not receive any proceeds from the sale of the Company's Class A common stock by the Selling Stockholders.
- The Company's Class A common stock is listed on the New York Stock Exchange under the ticker symbol "CWAN."