CCC Intelligent Solutions Announces Pricing of Secondary Offering of 30 Million Shares of Common Stock at $9.89 Per Share

CCC Intelligent Solutions has announced the pricing of a secondary offering of 30 million shares of common stock at $9.89 per share. The offering is part of a larger plan to raise funds for the company, which provides SaaS solutions for the insurance and automotive industries. The company reported Q2 revenue of $260.5 million, up from $256.2 million estimated by FactSet, and expects Q3 revenue to range between $263.0 million and $266.0 million.