Company: CWAN
Filing Date: 2025-03-12
Form Type: 8-K
Source: 0001193125-25-052444
Chunk: 2

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-12
Form: 8-K
Item: Item 8.01
Chunk 2
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Item 8.01      Other Events.  

On March 11, 2025, the Company entered into a definitive asset purchase agreement (the “ Bistro Asset Purchase Agreement”) to acquire Bistro, Blackstone’s proprietary portfolio visualization software platform built for Blackstone’s Credit & Insurance (“ BXCI”) business (the “ Bistro Asset Acquisition”). The purchase price for the Bistro Asset Acquisition

is $125.0 million, of which $10.0 million will be paid in cash (no later than July 1, 2025 assuming consummation of the Bistro Asset Acquisition has occurred) and the remainder will be paid in shares of Class A common stock, valued at $30.00 per share. Pursuant to the terms of the Bistro Asset Purchase Agreement, the Company is required to file, on the earliest date at or following the closing of the Bistro Asset Acquisition on which the Company can make such filing without requiring the premature disclosure of material nonpublic information as reasonably determined by the Company, a registration statement to register the resale of the shares of Class A common stock issued as consideration in connection with the Bistro Asset Acquisition. The closing of the Bistro Asset Acquisition is subject to the satisfaction or waiver of customary closing conditions, including the absence of any regulatory proceedings which prohibits or makes illegal the consummation of the Bistro Asset Acquisition.

  Item 9.01.      Financial Statements and Exhibits  

  2.1*      Agreement and Plan of Merger and Reorganization, dated as of March 11, 2025, by and among Clearwater Analytics Holdings, Inc., Beacon Platform Incorporated, BluePoint Merger Sub I, Inc., BluePo...  
  99.1      Press Release, dated March 12, 2025, issued by the Company.                                                                                                                                           
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   104      Cover Page Interactive Data File (embedded within the Inline XBRL document).                                                                                                                          

  All schedules to the Merger Agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company hereby agrees to furnish supplementally a copy of any omitted schedule to the S...