Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 53

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 53
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 special arrangements are made, retain your right to vote at the Special Meeting, but you will not receive the Merger Consideration.

Q:**

#### When is the Merger expected to be completed?
A:

The Company and Parent are working to be in a position to complete the Merger as quickly as possible after the Special Meeting. The Company currently anticipates that the Merger will be completed in the fourth quarter of 2025 or the first quarter of 2026. In order to complete the Merger, we must obtain 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 (Proposal 1) — 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