Bending Spoons US Inc. entered into a letter of intent to acquire Eventbrite, Inc. (NYSE:EB) from group of shareholders for approximately $510 million on August 22, 2025. Bending Spoons US Inc. entered into a definitive agreement to acquire Eventbrite, Inc. for approximately $500 million from a group of shareholders on December 1, 2025. Under the terms of the agreement, Eventbrite stockholders will receive $4.50 in cash for each share of Eventbrite capital stock that they own. 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. Eventbrite pays Bending Spoons a termination fee of $14.4 million, in case of termination.
The proposed transaction is subject to customary closing conditions and approvals, including receipt of required regulatory approvals, approval by Eventbrite?s stockholders, the consummation of the Merger shall not then be restrained, enjoined or prohibited by any Order of any court or other Governmental Entity of a competent jurisdiction, any waiting period under the HSR Act. On November 26, 2025, the Eventbrite Board unanimously approved the formation of the Special Committee. The transaction is unanimously approved by Eventbrite?s Board of Directors. As of February 27, 2026, majority shareholders of shares of Class A Common Stock and shares of Class B Common Stock of Eventbrite, which represents approximately 212,405,179 shares, proposed to adopt the Merger Agreement. The transaction is expected to close in the first half of 2026.
Kenton King and Sonia K. Nijjar of Skadden, Arps, Slate, Meagher & Flom LLP are serving as legal advisors for Eventbrite, Inc. Allen & Company LLC is acting as financial advisor, fairness opinion provider for Eventbrite with a cash fee of $20 million, of which a portion was payable upon delivery of opinion and approximately $17 million is payable contingent upon consummation of the merger. Eric M. Swedenburg, Anthony F. Vernace, Matthew A. Fisher, William Golden, Gillian Emmett Moldowan, James Talbot, Karen Kazmerzak, Mick Tuesley, Abram Ellis, Jim Perry, Alec Jarvis, Carleigh Rodriguez, and Krista McManus of Simpson Thacher & Bartlett LLP are serving as legal advisors for Bending Spoons US, Inc. J.P. Morgan is acting as sole financial advisor for Bending Spoons US, Inc. Pete Jones and Regina of Sullivan & Cromwell LLP served as legal advisor to Julia Hartz. Okapi Partners LLC acted as information agent for Eventbrite, Inc. will receive a fee of $0.0415 million. Richards, Layton & Finger, P.A. acted as legal advisor for the Special Committee for Eventbrite, Inc. Equiniti Trust Company, LLC acted as transfer agent/registrar for Eventbrite, Inc
Bending Spoons US Inc. completed the acquisition of Eventbrite, Inc. (NYSE:EB) from group of shareholders on March 10, 2026.
BlackRock, Inc., formerly BlackRock Funding, Inc., is an investment management company. It provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares and exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
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