Company: CWAN
Filing Date: 2025-03-06
Form Type: S-4/A
Source: 0001193125-25-048570
Chunk: 236

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-06
Form: S-4/A
Chunk 236
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 | $              |        1.93 |     |                |       |     |                  |   |     |             |         |   |     |   |     |     |             |         |   |     | $         |        1.30 |     | 6 | -d |
| Diluted                                                                       |     | $              |        1.68 |     |                |       |     |                  |   |     |             |         |   |     |   |     |     |             |         |   |     | $         |        1.14 |     | 6 | -d |
| Weighted average shares of Common Stock and Class D common stock outstanding: |     |                |             |     |                |       |     |                  |   |     |             |         |   |     |   |     |     |             |         |   |     |           |             |     |   |    |
| Basic                                                                         |     |                | 219,316,625 |     |                |       |     |                  |   |     |             |         |   |     |   |     |     |             |         |   |     |           | 244,600,477 |     | 6 | -d |
| Diluted                                                                       |     |                | 254,362,539 |     |                |       |     |                  |   |     |             |         |   |     |   |     |     |             |         |   |     |           | 281,102,644 |     | 6 | -d |

See accompanying notes to unaudited pro forma condensed combined financial information. 154

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION

Note 1 Basis of Presentation

The
unaudited pro forma condensed combined financial information is prepared in accordance with Article 11 of Regulation S-X as amended by the final rule, Release
No. 33-10786 “Amendments to Financial Disclosures about Acquired and Disposed Businesses.” The historical information of Clearwater and Enfusion is presented in accordance with accounting
principles generally accepted in the United States of America.

The unaudited pro forma condensed combined balance sheet as of
December 31, 2024 is prepared using Clearwater’s and Enfusion’s audited consolidated balance sheets as of December 31, 2024, giving effect