Company: CWAN
Filing Date: 2025-01-13
Form Type: 425
Source: 0001193125-25-004988
Chunk: 147

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-01-13
Form: 425
Chunk 147
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 the applicable waiting period (and any extension thereof) applicable to the Mergers under the HSR Act, and any agreement with
any Governmental Authority not to consummate the Merger, shall have expired or been validly terminated (the “”);

(d) the Form S-4 shall have become effective under the Securities Act and no stop order suspending the
effectiveness of the Form S-4 shall have been issued; the Parent Class A Common Stock to be issued pursuant to and in accordance with this Agreement to be approved for listing (subject, if applicable, to
notice of issuance) for trading on the NYSE; and

(e) solely with respect to the Second Merger, each of the Second Merger Conditions shall
have been satisfied (and for the avoidance of doubt, this shall not be a condition to the consummation of either the Merger or the LLC Merger in accordance with the terms hereof).

Section 7.02 Conditions to the Obligations of Parent, Acquirer, Merger Sub and Merger Sub II. The obligation of Parent,
Acquirer, Merger Sub and Merger Sub II to consummate the Mergers is subject to the satisfaction, or waiver by Parent, at or prior to Closing, of the following conditions:

100

(a) (i) the representations and warranties of the Company set forth in the first and second
sentences of (Corporate Existence and Power), (Corporate Authorization), (Capitalization) (other than
and ), (Brokers’Fees), and (Anti-Takeover Provisions)
shall be true and correct in all material respects (disregarding for this purpose all “Company Material Adverse Effect,” “materiality” and similar qualifications contained in such representations and warranties) as of the date of
this Agreement and on the Closing Date as if made on such date (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall be true and correct in all
material respects only as of such earlier date), (ii) the representations and warranties of the Company set forth in and (Capitalization) shall be true and
correct as of the date of this Agreement and on the Closing Date as if made on such date (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty shall be
true and correct only as of such earlier date), except where the failure to be so