Company: CWAN
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001193125-25-058975
Chunk: 176

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 176
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 after the date of the Merger Agreement and prior to the Effective Time to proportionately reflect such change. The Merger Agreement provides that Enfusion Stockholders will be provided with an election form and other customary transmittal materials. The Election Form will allow each holder of Eligible Shares to specify (i) the number of Eligible Shares owned by such holder with respect to which such holder desires to receive the cash consideration and (ii) the number of Eligible Shares owned by such holder with respect to which such holder desires to receive the stock consideration. Clearwater will prepare and direct the Exchange Agent to mail a separate Election Form concurrently with this Proxy Statement/Prospectus. Following the mailing date, Clearwater will make available as promptly as reasonably practicable one or more Election Forms as may be reasonably requested by all persons who become holders or beneficial owners of Eligible Shares before the Election Deadline. The election deadline will be 5:00 p.m. Eastern time, one business day prior to the Special Meeting (the “ Election Deadline”). Enfusion and Clearwater will cooperate to issue a press release reasonably satisfactory to each of them announcing the Election Deadline which will not less than four nor more than ten business days prior to the Election Deadline. To make a valid election, a holder of Eligible Shares must submit to the Exchange Agent a properly completed and signed Election Form (including duly executed transmittal materials included in the Election Form). The Election Form must also be accompanied by any Stock Certificates. Two or more holders of Eligible Shares (such holders, “ Joint Electors”) will be entitled to make an Election with respect to some or all of the Eligible Shares held by them (a “ Joint Election”), and the Exchange Agent will 111

treat such Joint Election as if it had been made by a single holder of Eligible Shares. Holders of Eligible Shares that deliver an Election Form to the Exchange Agent prior to the Election
Deadline may deliver a Joint Election with another Joint Elector to the Exchange Agent at any time after the Election Deadline but not less than five business days before the Effective Time and instruct the Exchange Agent, after giving effect to the
allocation process contemplated by the Merger Agreement, with respect to the allocation among such Joint Electors of the Merger Consideration payable to such Joint Electors.

Any holder of Eligible Shares may (i) change his Election by written notice received by the Exchange Agent prior to the Election
Deadline, accompanied by a properly completed and signed revised Election Form or (ii)