CCCS secondary: 37,342,526 shares sold at $7.79; no proceeds
CCC Intelligent Solutions Holdings Inc. (CCCS) disclosed a secondary offering by affiliates of Advent International, who sold 37,342,526 shares of CCCS common stock at $7.79 per share under an underwriting agreement with Goldman Sachs & Co. LLC.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
CCC Intelligent Solutions Holdings Inc. (CCCS) disclosed a secondary offering by affiliates of Advent International, who sold 37,342,526 shares of CCCS common stock at $7.79 per share under an underwriting agreement with Goldman Sachs & Co. LLC. The sale represented all shares held by the selling stockholders immediately prior to the offering.
The transaction closed on November 7, 2025. All shares were sold by the selling stockholders, and the Company did not receive any proceeds. The agreement includes customary representations, warranties, indemnification, and contribution provisions.
Insights
Large secondary sale; company receives no proceeds.
Affiliates of Advent International sold 37,342,526 shares of CCCS at $7.79 per share through an underwriting led by Goldman Sachs & Co. LLC. The filing states these shares constituted all held by the selling stockholders immediately prior to the offering, indicating a full exit by those holders.
The company explicitly notes it did not receive proceeds, as this was a shareholder resale rather than a primary issuance. The underwriting agreement features customary representations, warranties, indemnification, and contribution terms.
The offering closed on November 7, 2025. Any trading impact or ownership changes beyond this disclosure would depend on market activity and are not detailed in the excerpt.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CCCS announce in its 8-K?
Did CCC Intelligent Solutions (CCCS) receive proceeds from the sale?
Who underwrote the CCCS secondary offering?
When did the CCCS secondary offering close?
What terms did the underwriting agreement include?
AI-generated analysis. How Rhea-AI works. Not financial advice.