Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 53

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 53
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 the Company Stockholders’ approval of the Merger Proposal, we must obtain approval under the HSR Act (if applicable), and a number of other closing conditions under the Merger Agreement must be satisfied or waived. See “The Merger Agreement — Closing and Effective Time” and “The Merger Agreement — Conditions to the Closing of the Merger.” Accordingly, there can be no assurances that the Merger will be completed at all, or if completed, that it will be completed in the fourth quarter of 2025 or the first quarter of 2026.

Q:

What are the U.S. federal income tax consequences of the Merger to TrueCar’s stockholders?

A:

The receipt of cash by U.S. Holders (as defined in “The Merger — Material U.S. Federal Income Tax Consequences of the Merger”) in exchange for shares of Common Stock pursuant to the Merger will be a taxable transaction for U.S. federal income tax purposes. In general, for U.S. federal income tax purposes, a U.S. Holder who receives cash in exchange for shares of Common Stock pursuant to the Merger will recognize capital gain or loss in an amount equal to the difference, if any, between: (i) the amount of cash received in the Merger; and (ii) the U.S. Holder’s adjusted tax basis in its shares of Common Stock exchanged therefor. Payments made to a Non-U.S. Holder (as defined in “The Merger — Material U.S. Federal Income Tax Consequences of the Merger”) in exchange for shares of Common Stock pursuant to the Merger generally will not be subject to U.S. federal income tax unless the Non-U.S. Holder has certain connection with the United States.

**This proxy statement contains a general discussion of certain U.S. federal income tax consequences of the Merger. No information is provided with respect to the tax consequences of the Merger under any U.S. federal law other than income tax laws (including, for example, the U.S. federal estate, gift, Medicare, and alternative minimum tax laws), or any applicable state, local, or foreign tax laws. Consequently, Company Stockholders should consult their tax advisors as to the tax consequences of the Merger relevant to their particular circumstances, including the applicability and effect of the alternative minimum tax and any state, local, non-U.S. or other tax laws and of changes in those laws.**

**Q:**

#### What is householding and how does it affect me