Advent affiliates sell 69.875M CCCS shares at $10.50; company repurchases 32.5M for ~$328.5M

CCC Intelligent Solutions Holdings Inc.

Selling stockholders (Advent affiliates) sold 65M shares at $10.50; underwriters exercised option for an additional 4.875M shares.
Company concurrently repurchased 32.5M shares from underwriters at $10.10625 each, total ~$328.5M.
Offering and repurchase closed on November 13, 2023; company received no proceeds from share sales.
Terms and repurchase approved by audit committee and special committee of independent directors.

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