IPO - CCC Intelligent Solutions Holdings Inc.

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Ipo

Type: New

Accession Number: 000119312525044127

Filing Summary: On February 27, 2025, CCC Intelligent Solutions Holdings Inc. and affiliates of Advent International, L.P. entered into an underwriting agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC, Jefferies LLC, and J.P. Morgan Securities LLC regarding the offer and sale of 42,000,000 shares of the Company’s common stock. The total gross proceeds from this offering for the Selling Stockholders are approximately $433.7 million. Additionally, the Company purchased 700,000 shares of Common Stock from the Underwriters at the same price per share that the Underwriters purchased from the Selling Stockholders. The Offering, including the Concurrent Repurchase, closed on March 3, 2025. The Underwriting Agreement includes customary representations, warranties, and indemnifications. The intent of the descriptions provided about the Underwriting Agreement is primarily for investors and security holders; they should not be construed as reflecting the complete and current state of the Company’s operations.

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