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BASE — Couchbase News Story

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Couchbase rises on Haveli's $1.5 billion buyout deal

** Shares of Couchbase rise over 29.3% in early trading

** Private equity firm Haveli Investments makes $1.5 bln all-cash offer to buy the data developer

** BASE shareholders to receive $24.50 per share, representing a 29.4% premium to stock's June 18 close

** Agreement includes a go-shop period that ends on Monday, in which the company can consider alternative offers

** BASE shares up 21.4% YTD, they fell ~31% in 2024

 (Reporting by Ateev Bhandari in Bengaluru)

 ((Ateev.Bhandari@thomsonreuters.com;))

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