TrueCar Sets Date for Shareholder Vote on Merger with Fair Holdings

Reuters2025-12-13

TrueCar Sets Date for Shareholder Vote on Merger with Fair Holdings

TrueCar, Inc. is moving forward with a transaction in which it will become a wholly owned subsidiary of Fair Holdings, Inc., a company led by TrueCar founder Scott Painter and backed by Alpha Auto 2, LLC. Under the terms of the agreement, Rapid Merger Subsidiary, Inc., a subsidiary of Fair Holdings, will merge with and into TrueCar, with TrueCar continuing as the surviving company. TrueCar has filed a definitive proxy statement with the SEC and has scheduled a special meeting of its stockholders for December 22, 2025, to vote on the proposed transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TrueCar Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-120718), on December 12, 2025, and is solely responsible for the information contained therein.

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