ON24 to Be Acquired by Cvent for $8.10 Per Share in Cash

Reuters
2025/12/30
ON24 to Be Acquired by Cvent for $8.10 Per Share in Cash

ON24 is set to be acquired by Cvent Atlanta, LLC and Summit Sub Corp., in a deal that values ON24 at $8.10 per share in cash. This price represents a premium of approximately 62% over ON24’s closing share price on November 10, 2025, and a 51% premium to its 90-day volume weighted average price. The combination will bring together ON24’s enterprise-grade webinar and digital engagement capabilities with Cvent’s event technology platform, aiming to offer a comprehensive suite of solutions for enterprise marketers and event professionals. The transaction, unanimously approved by ON24’s Board of Directors, is expected to close in the first half of 2026, after which ON24 will become a privately held company and its common stock will no longer be publicly listed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ON24 Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251230315067) on December 30, 2025, and is solely responsible for the information contained therein.

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