Clearwater Analytics announced that it has launched an underwritten secondary public offering of an aggregate of 12M shares of the company’s Class A common stock, par value $0.001 per share. The company is conducting a resale of Common Stock on behalf of certain affiliates of each of Warburg Pincus LLC and Permira Advisers LLC. Citigroup is acting as the underwriter and sole book-running manager for the proposed offering.
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