Certain Class C Common Stock of Clearwater Analytics Holdings, Inc. are subject to a Lock-Up Agreement Ending on 12-DEC-2024.
December 11, 2024
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Certain Class C Common Stock of Clearwater Analytics Holdings, Inc. are subject to a Lock-Up Agreement Ending on 12-DEC-2024. These Class C Common Stock will be under lockup for 31 days starting from 11-NOV-2024 to 12-DEC-2024.
Details:
The Company and executive officers, our directors, the selling stockholders and our other Principal Equity owners subject to our registration rights agreement have agreed with the underwriter, subject to certain exceptions, not to dispose of or hedge any of their common stock or securities convertible into or exchangeable for shares of common stock during the period from the date of this prospectus supplement continuing through the date 30 days after the date of this prospectus supplement, except with the prior written consent of the underwriter.
Clearwater Analytics Holdings, Inc. is a provider of software-as-a-service (SaaS)-based investment management, accounting, reporting, and analytics solutions. With a single instance, multi-tenant architecture, the Company offers investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Its cloud-native software allows clients to radically simplify their investment accounting operations, enabling them to focus on higher-value business functions, such as asset allocation strategy and investment selection. Its platform provides comprehensive accounting, data, and advanced analytics as well as highly configurable reporting for global investment assets daily or on-demand, instead of weekly or monthly. Its software automates data aggregation, data reconciliation, data validation, and trade management of each security in its clientâs investment portfolios. It serves a broad universe of institutional clients.