Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 149

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 149
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 or (ii) uncertificated shares of Common Stock (the “

#### Uncertificated Shares
”). Prior to the Effective Time, Parent will deposit (or cause to be deposited) with the Exchange Agent an amount of cash, which together with the portion of the Company’s Cash on Hand that is used to pay a portion of the Merger Consideration (if any) and the Deposit Amount is equal to the aggregate Merger Consideration to be paid in respect of the Common Stock. At Closing, (x) Parent will instruct the Company to release the Deposit Amount to the Exchange Agent, and such amount will be used to fund a portion of aggregate Merger Consideration and (y) at the written request of Parent, the Company will deposit with the Exchange Agent such portion of the aggregate Merger Consideration from the Company’s Cash on Hand as specified in such request, except that nothing in this clause (y) will obligate the Company to deposit any amount in excess of the Company’s Cash on Hand at the Effective Time.

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TABLE OF CONTENTS

### Exchange Procedures
Promptly after the Effective Time, the Surviving Corporation will (and Parent will cause the Surviving Corporation to) send, or cause the Exchange Agent to send, to each holder of shares of Common Stock at the Effective Time, other than the Rollover Stockholders and Dissenting Shares, a letter of transmittal and instructions (which will be in a customary form reasonably acceptable to TrueCar and will specify that the delivery will be effected, and risk of loss and title will pass, only upon proper delivery of the Certificates or transfer of the Uncertificated Shares to the Exchange Agent) for use in such exchange.

Each holder of shares of Common Stock that have been converted into the right to receive the Merger Consideration will be entitled to receive, upon: (i) surrender to the Exchange Agent of a Certificate, together with a properly completed and duly executed letter of transmittal and all documents referenced therein; or (ii) receipt of an “agent’s message” by the Exchange Agent (or such other evidence, if any, of transfer as the Exchange Agent may reasonably request) in the case of a book-entry transfer of Uncertificated Shares, the Merger Consideration in respect of the Common Stock represented by a Certificate or Uncertificated Share, less any applicable taxes withheld pursuant to the Merger Agreement. Until so surrendered or transferred, as the case may be, each