Eventbrite jumps after agreeing to go-private deal with Bending Spoons

Eventbrite

02/12/2025 14:17

** Shares of ticketing service provider Eventbrite EB.N surge 79.3% at $4.44 premarket

** Italian tech firm Bending Spoons to acquire co in an all-cash deal valued at about $500 mln

** EB shareholders to receive $4.50 per share in cash, implying an over 81% premium to last close of $2.48

** Deal expected to close in first half of 2026, after which EB will become privately held co

** EB stands at a market capitalization of $242.23 mln as of last close - data compiled by LSEG

** Recent acquisitions by Bending Spoons include Vimeo ($1.38 bln) and pending AOL deal

** EB stock down 26.19% YTD, as of last  close

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))