Eventbrite to be acquired by Bending Spoons for $500M in cash

Eventbrite (EB) announced that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $500M. The acquisition is subject to customary closing conditions and approvals, including regulatory approvals and approval by Eventbrite’s stockholders. Under the terms of the agreement, Eventbrite stockholders will receive $4.50 in cash for each share of Eventbrite capital stock that they own. The per-share purchase price represents an 82% premium over Eventbrite’s 60-day volume-weighted average share price as of market close on December 1. The proposed transaction, which was unanimously approved by Eventbrite’s board of directors, is expected to close in the first half of 2026, subject to customary closing conditions and approvals, including receipt of required regulatory approvals and approval by Eventbrite’s stockholders. Upon the consummation of the proposed transaction, Eventbrite will become a privately held company and its capital stock will no longer be listed on any public stock exchange.