SCHEDULE: Cannell Capital Amends TrueCar Stake Disclosure

Cannell Capital LLC and J. Carlo Cannell have filed an Amendment No. 4 to their Schedule 13G, disclosing continued beneficial ownership of 4.34% of TrueCar, Inc.'s common stock as of June 30, 2025.

Summary

• Cannell Capital LLC and J. Carlo Cannell reported beneficial ownership of 3,835,473 shares of TrueCar, Inc. common stock.
• This represents 4.34% of TrueCar, Inc.'s outstanding common stock.
• The filing is an Amendment No. 4 to their Schedule 13G, indicating an update to a previously reported passive investment.
• The reporting persons hold shared voting and shared dispositive power over all reported shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of TrueCar, Inc.

Sentiment

Score: 5

Explanation: This filing is a routine disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This filing is a routine disclosure of a passive investment stake by an institutional investor in a publicly traded company within the automotive digital marketplace sector. It does not provide specific insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders are informed of a significant passive investor's stake in the company.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this beneficial ownership filing.

Key Dates

Keywords

TrueCar, Cannell Capital, SEC filing, Schedule 13G, beneficial ownership, common stock, passive investment