Selling stockholders sell 30M shares of CCCS for $338.9M; company receives no proceeds

CCC Intelligent Solutions Holdings Inc.

Advent International and Oak Hill Capital sold 30M shares of CCCS common stock at approx. $11.30 per share in a secondary offering.
Company did not receive any proceeds; all shares were sold by existing stockholders.
Underwriting agreement with BofA Securities and Goldman Sachs signed June 27, 2024; offering closed July 1, 2024.

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