Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 43

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 43
---
 of Merger Subsidiary will cease and the Company will continue as a wholly owned subsidiary of Parent. At the Effective Time, each share of Common Stock, issued and outstanding immediately prior to the Effective Time (other than (i) Rollover Shares, if any; (ii) shares of Company Stock held by a holder who is entitled to demand and properly demands appraisal of such shares in accordance with Section 262 of the DGCL; and (iii) shares of Company Stock held by the Company as treasury stock or owned by any subsidiary of the Company or Parent or any subsidiary of Parent, excluding any Rollover Shares) will be automatically canceled and converted into the right to receive the Merger Consideration. For a more complete discussion of the proposed Merger, its effects and the other transactions contemplated by the Merger Agreement, please see the section entitled “The Merger” beginning on page [•] of this proxy statement.

Q:

What are Company Stockholders being asked to vote on?

A:

The Company is holding the Special Meeting to vote on the Merger Proposal. Company Stockholders will also be asked to approve the Advisory Compensation Proposal and the Adjournment Proposal.

Q:

How important is my vote as a Company stockholder?

A:

Your vote “FOR” each proposal presented at the Special Meeting is very important, regardless of the number of shares of Common Stock that you own. You are encouraged to submit a proxy as soon as possible.

The Merger cannot be completed without the approval of the Merger Proposal by the Company Stockholders. Since approval of the Merger Proposal requires the affirmative vote of the holders of a majority of the outstanding shares of Common Stock entitled to vote on the Merger Proposal, any abstentions or failures to vote will have the same effect as a vote AGAINST the Merger Proposal.

Q:

What constitutes a quorum, and what vote is required to approve each proposal at the Special Meeting?

A:

The holders of a majority of the stock issued and outstanding and entitled to vote must be present in person or represented by proxy at the Special Meeting in order to constitute a quorum. Virtual attendance by Company Stockholders of record as of the Record Date at the Special Meeting will constitute presence in person for the purpose of determining the presence of a quorum for the transaction of business at the Special Meeting. Shares of beneficial owners who hold such shares in “street name” through a bank, broker or other nominee and who fail to give voting instructions to their bank, broker or other nominee will not