Reported Earlier, CCC Intelligent Solutions Prices Secondary Offering Of 50M Common Shares At $11.50/Share

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. and Oak Hill Capital Partners (collectively, the "Selling Stockholders") at a price to the public of $11.50 per share. The Offering consists of 50 million shares of the Company's common stock. The Offering is expected to close on or about May 30, 2024, subject to the satisfaction of customary closing conditions.

The Offering consists entirely of shares of the Company's common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.