Sec Form 13G Filing - Dragoneer Investment Group LLC filing for CCC Intelligent Solutions Holdings Inc. (CCCS) - 2024-11-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3) *

 

 

CCC Intelligent Solutions Holdings Inc.

(Name of Issuer)

Common stock, par value $0.0001 per share

(Title of Class of Securities)

12510Q100

(CUSIP Number)

September 30, 2024

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 12510Q100    13G    Page 2 of 5 Pages

 

 1.   

 Names of Reporting Persons

 

 Marc Stad

 2.  

 Check the Appropriate Box if a Member of a Group (See Instructions)

 (a) ☐  (b) ☐

 

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 United States

Number of

Shares  Beneficially 

Owned by

Each

Reporting

Person

With

   5.    

 Sole Voting Power

 

 4,480,820

   6.   

 Shared Voting Power

 

  9,196,301

   7.   

 Sole Dispositive Power

 

 4,480,820

   8.   

 Shared Dispositive Power

 

  9,196,301

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 13,677,121

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 ☐

11.  

 Percent of Class Represented by Amount in Row (9)

 

 2.2% (1)

12.  

 Type of Reporting Person (See Instructions)

 

 IN, HC

 

1

Based on 625,502,334 shares of common stock of the Issuer (“Common Stock”) outstanding as of October 21, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024 with the SEC on October 28, 2024 (the “Q3 2024 Form 10-Q”).


CUSIP No. 12510Q100    13G    Page 3 of 5 Pages

 

 1.   

 Names of Reporting Persons

 

 Dragoneer Investment Group, LLC

 2.  

 Check the Appropriate Box if a Member of a Group (See Instructions)

 (a) ☐  (b) ☐

 

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 Delaware

Number of

Shares  Beneficially 

Owned by

Each

Reporting

Person

With

   5.    

 Sole Voting Power

 

 0

   6.   

 Shared Voting Power

 

 9,196,301

   7.   

 Sole Dispositive Power

 

 0

   8.   

 Shared Dispositive Power

 

 9,196,301

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 9,196,301

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

 ☐

11.  

 Percent of Class Represented by Amount in Row (9)

 

 1.5% (1)

12.  

 Type of Reporting Person (See Instructions)

 

 IA, OO

 

1

Based on 625,502,334 shares of Common Stock outstanding as of October 21, 2024 on the Q3 2024 Form 10-Q.


< td valign="bottom" width="1%">
CUSIP No. 12510Q100    13G    Page 4 of 5 Pages

 

AMENDMENT NO. 2 TO SCHEDULE 13G

This Amendment No. 3 (“Amendment No. 3”) amends and supplements the statement on Schedule 13G filed with the Securities and Exchange Commission by the Reporting Persons with respect to the share of common stock of the Issuer on February 14, 2022 (the “Original Schedule 13G”), as amended by Amendment No. 1 thereto on February 14, 2023 (“Amendment No. 1”) and Amendment No. 2 thereto on February 14, 2024 (“Amendment No. 2” and, together with the Original Schedule 13G, the “Schedule 13G”). Except as specifically provided herein, this Amendment No. 3 does not modify any of the information previously reported on the Schedule 13G. Capitalized terms used but not defined in this Amendment No. 3 shall have the same meanings herein as are ascribed in the Schedule 13G.

The following Items of the Schedule 13G are hereby amended and restated as follows:

 

Item 2(d).

Title of Class of Securities.

Common stock, par value $0.0001 per share of the Issuer (the “Common Stock”)

 

Item 4.

Ownership

(a) through (c)

The information set forth in Rows (5) through (11) of the cover pages to this Schedule 13G is incorporated herein by reference for each Reporting Person.

Dragoneer Investment Group, LLC (the “Dragoneer Adviser”) is a registered investment adviser under the Investment Advisers Act of 1940, as amended.

Dragoneer Funding I LLC directly holds 8,625,000 shares of Common Stock. Dragoneer Opportunities Fund V, L.P. directly owns 571,301 shares of Common Stock of the Issuer.

As the managing member of Dragoneer Adviser, Cardinal DIG CC, LLC may also be deemed to share voting and dispositive power with respect to the shares of Common Stock. Marc Stad is the sole member of Cardinal DIG CC, LLC. By virtue of these relationships, each of the Reporting Persons may be deemed to share beneficial ownership of the shares of Common Stock of the Issuer.

 

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.


CUSIP No. 12510Q100    13G    Page 5 of 5 Pages

 

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: November 14, 2024

 

/s/ Marc Stad

Marc Stad
DRAGONEER INVESTMENT GROUP, LLC
By:   Cardinal DIG CC, LLC
Its:   Managing Member
By:  

/s/ Pat Robertson

 

Name: Pat Robertson

Title: Chief Operating Officer