Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 145

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 145
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 negotiating the terms of the Merger Agreement, including certain qualifications, limitations and supplemental information disclosed in the TrueCar Disclosure Schedule. In addition, the representations and warranties were included in the Merger Agreement for the purpose of allocating contractual risk between Parent, Merger Subsidiary and TrueCar, and may be subject to standards of materiality applicable to such parties that differ from those generally applicable to investors. In reviewing the representations, warranties, covenants and agreements contained in the Merger Agreement or any description thereof in this summary, it is important to bear in mind that such representations, warranties, covenants and agreements or any descriptions were not intended by the parties to the Merger Agreement to be characterizations of the actual state of facts or condition of Parent, Merger Subsidiary and TrueCar or any of their respective affiliates or businesses except as expressly stated in the Merger Agreement. Accordingly, the representations, warranties, covenants and other agreements in the Merger Agreement should not be read alone, and you should read the information provided elsewhere in this proxy statement and in the public filings TrueCar makes with the SEC, as described in “Where You Can Find More Information.”

#### Structure of the Merger
The Merger Agreement provides that, on the terms and subject to the conditions set forth in the Merger Agreement, at the Effective Time, Merger Subsidiary will be merged with and into TrueCar in accordance with the DGCL, whereupon the separate existence of Merger Subsidiary will cease, and TrueCar will survive the Merger as the Surviving Corporation and a wholly owned subsidiary of Parent.

#### Closing and Effective Time
Subject to the provisions of the Merger Agreement, the Closing will take place via the electronic exchange of documents and signature pages as soon as possible, but in any event no later than three (3) business days following the date on which the conditions to the Closing (described below under the caption, “— Conditions to the Closing of the Merger”) (other than conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or, to the extent permissible, waiver of those conditions at the Closing) have been satisfied or, to the extent permissible, waived by the party or parties entitled to the benefit of such conditions, or at such other place, at such other time or on such other date as Parent and TrueCar may mutually agree in writing.

On the Closing Date, TrueCar will file a certificate of merger with the Secretary of