Clearwater Analytics Files Registration Statement for Proposed Initial Public Offering
Clearwater Analytics Holdings, Inc., a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. If Clearwater Analytics elects to proceed with an initial public offering, Clearwater Analytics expects to list its stock on the NYSE under the ticker symbol “CWAN.”
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Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are acting as joint bookrunners and as representatives of the underwriters for the proposed offering.
A registration statement on Form S-1 relating to the proposed offering has been filed with the SEC but has not yet become effective. The securities to be registered may not be sold nor may offers to buy be accepted prior to the time when the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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