| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
TrueCar Stockholders to Receive $2.55 per Share in Cash; the Equity Value of the Transaction is Approximately $227 Million
TrueCar Founder Scott Painter to Return as the Company's Leader Post-Close
Acquisition Focused on Providing Members of Partner Organizations, Including Military and Credit Unions, Greater Transparency and Value with TrueCar's National Network of Certified Dealers
SANTA MONICA, Calif., Oct. 15, 2025 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE), one of the most recognized and trusted automotive digital marketplace brands, today announced it has entered into a definitive agreement pursuant to which Fair Holdings, Inc. ("Fair Holdings"), an entity led by TrueCar founder Scott Painter, will acquire the Company in an all-cash, go-private transaction at $2.55 per share, or an equity value of approximately $227 million based on current basic shares outstanding.
Fair Holdings, Inc. has informed the Company that it is negotiating with various financial and strategic investors to syndicate the financing of this transaction with equity investments. This group is expected to comprise seasoned leaders and institutions across automotive retail, finance, and technology (the "Syndicate"), which are integral to Fair Holdings' operating plan and bring the expertise to scale TrueCar's business. The proposed Syndicate is expected to reflect a unique blend of dealer, data, fintech, and mobility experience partners, united around a shared commitment to supporting TrueCar as the most transparent and trusted platform in auto retail.
Posted In: TRUE
