secwatch.observer — SEC 8-K summary
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Issuer:     CCC Intelligent Solutions Holdings Inc. (CCC)
CIK:        0001818201
Form:       8-K
Filed at:   2024-01-08T23:59:59+00:00
Accession:  0001193125-24-004451
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Secondary offering of 22M shares by Advent affiliates raises ~$230M for selling stockholders
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- Affiliates of Advent International sold 22,000,000 shares of CCCS common stock in underwritten offering.
- Gross proceeds to selling stockholders approx. $230.3 million; company received no proceeds.
- Underwriting agreement dated Jan 3, 2024; offering closed Jan 8, 2024; lead underwriters J.P. Morgan, Barclays, Citigroup.
- Underwriting agreement contains customary representations, warranties, and indemnification provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818201/000119312524004451/0001193125-24-004451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818201/000119312524004451/d656846d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-004451

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