05:08 PM EST, 03/06/2024 (MT Newswires) -- Clearwater Analytics ( CWAN ) said late Wednesday it is conducting a resale of 16.25 million class A shares on behalf of certain affiliates of Welsh, Carson, Anderson & Stowe.

JPMorgan is the sole book-running manager for the offering.

The company's shares were about 1.3% lower in after-hours trading.

Price: 17.13, Change: -0.23, Percent Change: -1.32