Eventbrite, Inc. (NYSE: EB), the leading global marketplace for shared experiences, announced today that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $500 million. The acquisition is subject to customary closing conditions and approvals, including regulatory approvals and approval by Eventbrite’s stockholders.
“For two decades, Eventbrite has stood at the forefront of the experience economy, helping tens of millions to create, discover, and attend unforgettable events,” said Luca Ferrari, Bending Spoons CEO and Co-Founder. “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. As longstanding fans, we’ve identified a few opportunities that we’re excited about exploring with the Eventbrite team after closing the transaction. These include building a dedicated messaging feature, introducing AI for easier event creation, improving searchability, and creating a system for the secondary ticket market. We’re committed to investing in Eventbrite for the long run, and hope we’ll be able to help it reach new heights.”
“Eventbrite helped unlock something profoundly human: the need to gather, to connect, and to build community around the passions we share. What began as an unmet need - to empower local creators and community leaders to bring people together - has grown into a global movement that has shaped millions of meaningful experiences and helped event-goers find their people in moments that matter most,” said Julia Hartz, Eventbrite Co-Founder, Chief Executive Officer, and Executive Chair. “There has never been a more important time to bring the world together in real life. As we look ahead, I’m energized by the speed, resources, and innovative power of Bending Spoons to propel Eventbrite into its next chapter. “
Eventbrite would be the latest renowned global brand to join the Bending Spoons portfolio. Last month, Bending Spoons announced a definitive agreement to acquire AOL, subject to customary closing conditions and approvals. The $1.38 billion acquisition of Vimeo by Bending Spoons recently closed.
Details of the Proposed Transaction
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, 2025.
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.
Advisors
Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor and Allen & Company LLC is acting as financial advisor to Eventbrite.
Simpson Thacher & Bartlett, LLP is serving as legal advisor and J.P. Morgan is acting as sole financial advisor to Bending Spoons.
Sullivan & Cromwell LLP served as legal advisor to Julia Hartz.
* Article first published on: itweb.africa
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