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CCC Intelligent Solutions Announces Pricing of Secondary Offering of 42 Million Shares of Common Stock, including Concurrent Common Stock Repurchase

1. CCC Intelligent Solutions priced a secondary stock offering of 42 million shares. 2. The shares are offered by affiliates of Advent International at prevailing market prices.

Shares Buyback
-2.3%Current Return
VS
+1.56%S&P 500
$10.4302/27 11:00 PM EDTEvent Start
$10.1903/02 11:09 PM EDTLatest Updated
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FAQ

Why Bearish?

Secondary offerings typically dilute existing shares, potentially depressing stock prices. Historical examples show price declines following large stock issuances.

How important is it?

The announcement directly involves significant stock issuance, which can influence investor perceptions and stock value.

Why Short Term?

Stock price effects from secondary offerings are usually immediate, impacting short-term trading sentiment.

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ADBEGOOGAMZN
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The Offering consists of 42 million shares of the Company's common stock. The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at th.

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