CCC Intelligent Solutions Announces Pricing of Upsized Secondary Offering of 43 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (CCCS)
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”) at a price to the public of $11.42 per share. The Offering consists of 43 million shares of the Company’s common stock, upsized from the previously announced size of 40 million shares. The Selling Stockholders granted the underwriters a 30-day option to purchase up to an additional 6.45 million shares of the Company’s common stock. The Offering is expected to close on or about March 4, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by t
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CCCS
News
- CCC Intelligent Solutions Holdings Inc. (NYSE: CCCS) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $14.00 price target on the stock.MarketBeat
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- CCC Intelligent Solutions Named Winner of 2024 Artificial Intelligence Excellence AwardBusiness Wire
- CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2024 Financial ResultsBusiness Wire
- Calculating The Fair Value Of CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) [Yahoo! Finance]Yahoo! Finance
CCCS
Earnings
- 4/30/24 - Beat
CCCS
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/24/24 - Form 4
- CCCS's page on the SEC website