Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 156

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 156
---
 required to be disclosed under Item 404(a) of Regulation S-K;

•

the size of TrueCar under the HSR Act; and

•

the absence of other representations and warranties made with respect to TrueCar or its subsidiaries.

In the Merger Agreement, Parent has made customary representations and warranties to TrueCar that are subject, in some cases, to specified exceptions and qualifications contained in the Merger Agreement. These representations and warranties relate to, among other things:

•

due organization, good standing and authority and qualification to conduct business with respect to Parent and Merger Subsidiary;

•

Parent’s and Merger Subsidiary’s authority to enter into and perform the Merger Agreement, the Support Agreements and the Equity Commitment Letter;

•

the enforceability of the Merger Agreement, the Support Agreements and the Equity Commitment Letter;

•

required governmental consents, approvals and regulatory filings in connection with the Merger Agreement and performance thereof;

•

the absence of any of the following as a result of Parent’s and Merger Subsidiary’s execution, delivery and performance of the Merger Agreement, the Support Agreements and the Equity Commitment Letter and the consummation by Parent and Merger Subsidiary of the transactions contemplated thereby: (i) conflicts, violations or breaches of the organizational documents of Parent and Merger Subsidiary; (ii) conflicts, violations or breaches of applicable laws; (iii) requirements to provide notices, obtain consents, make payments or take other actions under, the occurrence of defaults under, or the ability of any Person to terminate or cancel, or accelerate or otherwise change the rights and obligations of the parties under, certain contracts binding upon Parent or any of its subsidiaries; or (iv) liens being created or imposed on the assets of Parent or its subsidiaries;

•

accuracy of information to be provided in this proxy statement;

•

payment of fees to brokers in connection with the Merger Agreement;

•

the commitment to provide the Equity Financing to Parent, the availability of the Equity Financing and sufficiency of funds;

•

the solvency of the Surviving Corporation, on a consolidated basis, immediately following the consummation of the Transactions;

•

the absence of ownership of five percent (5%) or more of TrueCar’s capital stock by Parent and its affiliates;

•

the absence of any stockholder or management arrangements related to the Merger (except for the Equity Commitment Letter and the Support Agreements);

•

the size of Parent under the HSR Act;