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-0.00964066608238382 -0.01840490797546 0.0061349693251534 0.0201577563540754 0.0201577563540754 0.021034180543383 0.021034180543383 0.021034180543383
Stock impact report

CCC Intelligent Solutions Announces Proposed Secondary Offering of 20 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 proposed secondary offering of 20 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. 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 the Selling Stockholders.J.P. Morgan is acting as book running manager for the Offering. The Offering is being made pursuant to an effective shelf registration statement on Form S-3 (Registration No. 333-267793), which has been filed with the Securities and Exchange Commission (“SEC”) and became effective on Octo Show less Read more
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