The deal size was increased to 20M shares from 17M and priced at low end of $17.50-$18.00 range. JPMorgan is acting as sole book running manager for the offering.
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Read More on CWAN:
- Clearwater Analytics 17M share Spot Secondary; price range $17.50-$18.00
- Clearwater announces offering of 17M shares of Class A common stock for holders
- Clearwater Analytics sees 2023 revenue $367.6M consensus $365.07M
- Clearwater Analytics sees Q4 revenue $98.5M, consensus $98.54M
- Clearwater Analytics reports Q3 non-GAAP EPS 9c, consensus 8c
