ON24 Agrees to $400M Go-Private Sale to Cvent

Dow Jones2025-12-30

By Adriano Marchese

ON24 has agreed to be acquired by meetings, events, and hospitality technology provider Cvent in a $400 million deal.

The intelligent engagement platform said Tuesday that it has entered into a definitive agreement to be acquired by Cvent in an all-cash transaction.

The proposed transaction brings together two complementary platforms serving enterprise marketers and event professionals, ON24 said.

Under the terms of the agreement, ON24 shareholders will receive $8.10 in cash per share. The stock has been under pressure in 2025, falling about 9.3% to close on Monday at $5.86.

The per-share price is a 62% premium over the stock price before the company revealed takeover interest, and 51% higher than its average price over the past 90 days, it said.

The transaction is expected to close in the first half of 2026 following which ON24's stock will no longer be publicly listed, and ON24 will become a privately held company.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 30, 2025 08:20 ET (13:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2595797288?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-30 21:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2595797288","market":"sh","top_or_hot":-1,"title":"ON24 Agrees to $400M Go-Private Sale to Cvent","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  ON24 has agreed to be acquired by meetings, events, and hospitality technology provider Cvent in a $400 million deal. \n</p>\n<p>\n  The intelligent engagement platform said Tuesday that it has entered into a definitive agreement to be acquired by Cvent in an all-cash transaction. \n</p>\n<p>\n  The proposed transaction brings together two complementary platforms serving enterprise marketers and event professionals, ON24 said. \n</p>\n<p>\n  Under the terms of the agreement, ON24 shareholders will receive $8.10 in cash per share. The stock has been under pressure in 2025, falling about 9.3% to close on Monday at $5.86. \n</p>\n<p>\n  The per-share price is a 62% premium over the stock price before the company revealed takeover interest, and 51% higher than its average price over the past 90 days, it said. \n</p>\n<p>\n  The transaction is expected to close in the first half of 2026 following which ON24's stock will no longer be publicly listed, and ON24 will become a privately held company. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 30, 2025 08:20 ET (13:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ON24 Agrees to $400M Go-Private Sale to Cvent</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nON24 Agrees to $400M Go-Private Sale to Cvent\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-30 21:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  ON24 has agreed to be acquired by meetings, events, and hospitality technology provider Cvent in a $400 million deal. \n</p>\n<p>\n  The intelligent engagement platform said Tuesday that it has entered into a definitive agreement to be acquired by Cvent in an all-cash transaction. \n</p>\n<p>\n  The proposed transaction brings together two complementary platforms serving enterprise marketers and event professionals, ON24 said. \n</p>\n<p>\n  Under the terms of the agreement, ON24 shareholders will receive $8.10 in cash per share. The stock has been under pressure in 2025, falling about 9.3% to close on Monday at $5.86. \n</p>\n<p>\n  The per-share price is a 62% premium over the stock price before the company revealed takeover interest, and 51% higher than its average price over the past 90 days, it said. \n</p>\n<p>\n  The transaction is expected to close in the first half of 2026 following which ON24's stock will no longer be publicly listed, and ON24 will become a privately held company. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 30, 2025 08:20 ET (13:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2595797288","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595797288","pubTimestamp":1767100800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"ON24 has agreed to be acquired by meetings, events, and hospitality technology provider Cvent in a $400 million deal.The intelligent engagement platform said Tuesday that it has entered into a definitive agreement to be acquired by Cvent in an all-cash transaction.The proposed transaction brings together two complementary platforms serving enterprise marketers and event professionals, ON24 said.Under the terms of the agreement, ON24 shareholders will receive $8.10 in cash per share. The stock has been under pressure in 2025, falling about 9.3% to close on Monday at $5.86.The per-share price is a 62% premium over the stock price before the company revealed takeover interest, and 51% higher than its average price over the past 90 days, it said.The transaction is expected to close in the first half of 2026 following which ON24's stock will no longer be publicly listed, and ON24 will become a privately held company.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","CVT":"Cvent Inc","ONTF":"ON24, Inc."},"translate_title":"ON24同意向Cvent私有化4亿美元","themeId":"a2d386da32b21dfa5384e1c6a93856e1","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ONTF":1.5,"CVT":1.5},"content_text":"By Adriano Marchese \n\n\n \n\n\n  ON24 has agreed to be acquired by meetings, events, and hospitality technology provider Cvent in a $400 million deal. \n\n\n  The intelligent engagement platform said Tuesday that it has entered into a definitive agreement to be acquired by Cvent in an all-cash transaction. \n\n\n  The proposed transaction brings together two complementary platforms serving enterprise marketers and event professionals, ON24 said. \n\n\n  Under the terms of the agreement, ON24 shareholders will receive $8.10 in cash per share. The stock has been under pressure in 2025, falling about 9.3% to close on Monday at $5.86. \n\n\n  The per-share price is a 62% premium over the stock price before the company revealed takeover interest, and 51% higher than its average price over the past 90 days, it said. \n\n\n  The transaction is expected to close in the first half of 2026 following which ON24's stock will no longer be publicly listed, and ON24 will become a privately held company. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 30, 2025 08:20 ET (13:20 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2595797288","isCrawlerRequest":true}