Eventbrite Inc. (NYSE:EB) surged 78.6% in premarket trading on Tuesday after revealing it has signed a definitive agreement to be acquired by Bending Spoons in an all-cash deal worth roughly $500 million.
According to the terms outlined in the announcement, Eventbrite shareholders will receive $4.50 per share in cash, an offer that represents an 82% premium compared with the company’s 60-day volume-weighted average price as of December 1, 2025.
Eventbrite’s Board of Directors unanimously approved the transaction, which is slated to close in the first half of 2026, pending regulatory review and shareholder approval. Once finalized, Eventbrite will transition into a privately held company and its shares will be delisted from public exchanges.
Bending Spoons CEO and Co-Founder Luca Ferrari said the company plans to push ahead with a substantial innovation roadmap for Eventbrite, including new messaging capabilities, AI-powered event creation tools, improved event discovery, and a revamped system to support secondary ticketing.
“Joining forces with Bending Spoons will accelerate innovation and strengthen Eventbrite’s tools and resources to bring even more people together through shared live experiences for many years to come,” said Ferrari.
Julia Hartz, Eventbrite’s Co-Founder, CEO, and Executive Chair, voiced confidence in the partnership. Bending Spoons has been active on the acquisition front, recently purchasing Vimeo for $1.38 billion and entering an agreement to acquire AOL.
J.P. Morgan is advising Bending Spoons exclusively, while Allen & Company LLC is serving as Eventbrite’s financial advisor.
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