Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 1

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 1
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, 2025, the Company entered into an Agreement and Plan of Merger (as it may be amended, supplemented or otherwise modified in accordance with its terms, the “

#### Merger Agreement
”) with Fair Holdings, Inc., a Delaware corporation (“

#### Parent
”), and Rapid Merger Subsidiary, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“

#### Merger Subsidiary
”), pursuant to which, among other things, Merger Subsidiary will merge with and into the Company, with the Company surviving as a wholly-owned subsidiary of Parent (the “

#### Merger
”). Parent and Merger Subsidiary are led by TrueCar founder Scott Painter and backed by an equity commitment from Alpha Auto 2, LLC, a Florida limited liability company.

Upon the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger, each issued and outstanding share of Common Stock, par value $0.0001 per share (“

#### Company Stock
” or “

#### Common Stock
”), of the Company (other than (i) Rollover Shares (as defined in the accompanying proxy statement), 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 Delaware General Corporation Law (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, if any), will be canceled and converted into the right to receive $2.55 per share in cash, without interest (the “

#### Merger Consideration
”).

At the Special Meeting, you will be asked to consider and vote on:

•

a proposal to approve and adopt the Merger Agreement (the “

#### Merger Proposal
”);

•

a proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to TrueCar’s named executive officers that is based on or otherwise relates to the Merger (the “

#### Advisory Compensation Proposal
”); and

•

a proposal to approve one or more adjournments of the Special Meeting, if necessary, to solicit additional proxies if a quorum is not present or there are not sufficient votes cast at the Special Meeting to approve the Merger Proposal (the “

#### Adj