financetom
Business
financetom
/
Business
/
CCC Intelligent Solutions Announces Secondary Offering of 30 Million Shares
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CCC Intelligent Solutions Announces Secondary Offering of 30 Million Shares
Jun 27, 2024 2:40 PM

05:02 PM EDT, 06/27/2024 (MT Newswires) -- CCC Intelligent Solutions ( CCCS ) announced a secondary offering late Thursday of 30 million shares by Advent International's affiliates and Oak Hill Capital Partners.

The company won't receive any proceeds from the proposed sale.

The shares will be offered through negotiated transactions or at market prices from time to time, the company said.

Shares of the company fell 2.2% in after-hours activity.

Price: 11.25, Change: -0.25, Percent Change: -2.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Reitmans (Canada) Fiscal Q1 Loss Narrows Even as Revenue Unchanged; Launching Normal-Course Issuer Bid
Reitmans (Canada) Fiscal Q1 Loss Narrows Even as Revenue Unchanged; Launching Normal-Course Issuer Bid
Jun 18, 2024
05:13 PM EDT, 06/18/2024 (MT Newswires) -- Reitmans (Canada) (RET-A.TO) on Tuesday said it fiscal first-quarter loss narrowed even as revenue was flat, while the clothing retailer said it plans to launch a normal-course issuer bid The company said it lost $1.5 million in the quarter ended May 4, compared to a loss of $3.8 million in the year-prior quarter....
Detroit Three automakers should exit China, leading analyst says
Detroit Three automakers should exit China, leading analyst says
Jun 18, 2024
DETROIT, June 18 (Reuters) - Legacy U.S. automakers such as Ford Motor ( F ) and General Motors ( GM ) should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. I think you have to see the [Detroit Three] exit China as soon as they possibly can,...
Why Trump Media & Technology Group Stock Is Crashing Tuesday
Why Trump Media & Technology Group Stock Is Crashing Tuesday
Jun 18, 2024
Trump Media & Technology Group Corp. ( DJT ) shares are trading lower Tuesday after the U.S. SEC declared effectiveness of the registration statement on Form S-1 related to the resale by certain securityholders of certain shares and warrants. The Details: Trump Media & Technology Group ( DJT ) filed the prospectus on June 10 for the issuance of up...
BRIEF-Majestic Ideal Holdings Ltd Adds R.F. Lafferty & Co., Inc. As Underwriter To U.S. IPO- SEC Filing
BRIEF-Majestic Ideal Holdings Ltd Adds R.F. Lafferty & Co., Inc. As Underwriter To U.S. IPO- SEC Filing
Jun 18, 2024
Majestic Ideal Holdings Ltd: * MAJESTIC IDEAL HOLDINGS LTD ADDS R.F. LAFFERTY & CO., INC. AS UNDERWRITER TO U.S. IPO- SEC FILING Source text for Eikon: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved