PREM14A ·Filed Feb 24, 2026

CWAN

Clearwater Analytics Holdings, Inc.
BULLISH
Impact 9/10
Horizondays Processed7mo ago SEC0001193125-26-067016
Preliminary proxy statement (merger-related)
Actionable Insight ▲ Bullish

Shareholders should vote in favor of the merger agreement to receive the $24.55 per share cash consideration. The offer represents a significant premium and is supported by the company's board and financial advisors.

DirectionBullish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
CWAN ▲ +3.83% at T+60d
LONG call ✓ call won +3.83% · α vs SPY -3.12% · entry $23.50 → $24.40
Entry anchored
Feb 24, 03:59 PM ET
via exchange tick
T+1d
-0.17%
call -0.17% · α +0.38%
$23.46
settled 7mo ago
T+5d
+0.17%
call +0.17% · α +1.27%
$23.54
settled 7mo ago
T+20d
-0.43%
call -0.43% · α +4.81%
$23.40
settled 6mo ago
T+60d
+3.83%
call +3.83% · α -3.12%
$24.40
settled 5mo ago

Price Chart

Loading chart...

Executive Summary

Clearwater Analytics Holdings, Inc. (CWAN) has agreed to be acquired by a private equity consortium led by Permira, Warburg Pincus, Francisco Partners, and Temasek in a going-private transaction. Shareholders will receive $24.55 per share in cash, representing a 47.1% premium over the unaffected stock price. The deal, which requires shareholder approval, is expected to close in Q2 2026.

Key Facts

  • CWAN will be acquired by a consortium of private equity firms (Permira, Warburg Pincus, Francisco Partners, Temasek) for $24.55 per share in cash.
  • The offer represents a 47.1% premium over the unaffected closing price of $16.69 on November 10, 2025.
  • The transaction is a going-private deal, which will result in CWAN shares being delisted from the NYSE.
  • The deal is expected to close in Q2 2026, subject to shareholder and regulatory approvals.
  • The company's special committee and board of directors have unanimously recommended the transaction as fair and in the best interests of shareholders.

Financial Impact

The total transaction value is approximately $7.7 billion, with shareholders receiving $24.55 per share in cash.

stock pricemarket capitalizationliquidity

Risk Factors

  • The merger is subject to shareholder approval and regulatory clearances, which could delay or prevent the transaction.
  • If the merger fails, the stock price may decline as it currently reflects the expectation of the deal closing.

Market Snapshot

Exchange
NYSE

Investment Themes

Software & IT

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
PREM14A Filing (Primary)0001193125-26-067016
Document: d49219dexfilingfees.htm0001193125-26-067016
Document: 0001193125-26-067016-index-headers.html0001193125-26-067016
Document: 0001193125-26-067016-index.html0001193125-26-067016
Document: 0001193125-26-067016.txt0001193125-26-067016
11 reports for CWAN
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+60▲ +2.25%Apr 8, 2026
Filters
Rows
Reports for CWAN — sortable, filterable
TypeNow
Jul 6, 2026
12w ago
15-12G
NEUTRAL ★ 3/10
$24.56 awaiting T+5awaiting T+5——
Jun 22, 2026
14w ago
8-K
NEUTRAL ★ 4/10
$24.53 $24.56▲ +0.12%▲ +0.58%—
Jun 17, 2026
15w ago
Insider Cluster
NEUTRAL ★ 3/10
$24.29 $24.56▲ +1.11%▲ +2.78%—
Jun 15, 2026
15w ago
144
NEUTRAL ★ 3/10
$24.25 $24.55▲ +1.24%▲ +3.47%—
Jun 15, 2026
15w ago
144
BEARISH ★ 5/10
$24.25 $24.55▼ −1.24%▼ −3.47%—
May 7, 2026
21w ago
8-K
NEUTRAL ★ 3/10
$24.35 $24.37▲ +0.08%▼ −1.38%—
Apr 15, 2026
24w ago
144
NEUTRAL ★ 3/10
$24.11 $24.18▲ +0.29%▼ −0.69%—
Apr 8, 2026
25w ago
DEFM14A
BULLISH ★ 8/10
$24.02 $24.04▲ +0.08%▼ −3.43%—
Apr 8, 2026
25w ago
Insider Cluster
BEARISH ★ 5/10
$24.02 $24.04▼ −0.08%▲ +3.43%—
Apr 1, 2026
26w ago
10-K/A
NEUTRAL ★ 3/10
$23.80 $24.00▲ +0.84%▼ −2.78%—
Showing 10 of 11

US Market Status

Market Open — Closes in 3h 56m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access