secwatch.observer — SEC 8-K summary
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Issuer:     CCC Intelligent Solutions Holdings Inc. (CCC)
CIK:        0001818201
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001193125-23-276110
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818201/000119312523276110/0001193125-23-276110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818201/000119312523276110/d474502d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-276110

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