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We provide the latest news from the world of economics and finance
(RTTNews) - CCC Intelligent Solutions Holdings Inc. (CCCS) announced the pricing of secondary offering of the Company's common stock by affiliates of Advent International, L.P. and Oak Hill Capital Partners at a price to the public of $11.42 per share.
The offering consists of 43 million shares of the company's common stock, upsized from the previously announced size of 40 million shares.
The Selling Stockholders granted the underwriters a 30-day option to purchase up to an additional 6.45 million shares of the company's common stock. The Offering is expected to close on or about March 4, 2024.
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