SANTA MONICA, Calif., April 26, 2017 (GLOBE NEWSWIRE) — Truecar, Inc. (NASDAQ:TRUE) today announced the pricing of its public offering of 9,000,000 shares of its common stock at a price to the public of $16.50 per share. TrueCar is selling 1,000,000 shares of common stock in the offering and certain existing stockholders of the company are selling 8,000,000 shares in the offering. TrueCar and the selling stockholders have granted the underwriters’ a 30-day option to purchase a total of up to 1,350,000 additional shares at the public offering price, less underwriting discounts and commissions. TrueCar will not receive any proceeds […]
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