05:27 PM EDT, 05/28/2024 (MT Newswires) -- CCC Intelligent Solutions Holdings ( CCCS ) late Tuesday disclosed plans for a secondary offering from time to time of 50 million common shares held by Advent International and Oak Hill Capital Partners.

The company will not receive any proceeds from the sale of the shares.

Shares of the company fell more than 3% in after-hours trading.

Price: 11.50, Change: -0.39, Percent Change: -3.28