ON24 Completes Acquisition by Cvent, Shareholders to Receive $8.10 Cash Per Share

summarizeSummary

ON24, Inc. has completed its acquisition by Cvent Atlanta, LLC, with all outstanding shares converted into the right to receive $8.10 in cash, leading to the company's delisting from the NYSE.

check_boxKey Events

• Merger Completed

  ON24, Inc. has been acquired by Cvent Atlanta, LLC, effective April 1, 2026, becoming a wholly-owned subsidiary of Parent.

• Shareholders to Receive Cash

  Each outstanding common share has been converted into the right to receive $8.10 in cash, without interest and net of applicable withholding taxes.

• Delisting from NYSE

  The company has notified the NYSE of the merger consummation and requested the delisting of its common stock, with trading halted prior to market open on April 1, 2026.

• Change in Control and Board Resignations

  A change in control occurred, and eight directors resigned from the board, with new directors appointed to the surviving corporation.

auto_awesomeAnalysis

ON24, Inc. has finalized its acquisition by Cvent Atlanta, LLC, marking the company's transition to a private entity. This event is critical as it concludes the investment lifecycle for public shareholders, who will receive a fixed cash consideration of $8.10 per share. The completion triggers the delisting of ON24's common stock from the NYSE and the termination of its public reporting obligations, fundamentally altering the company's structure and investor relationship. Investors should be aware that trading in ONTF stock has ceased, and the focus now shifts to the processing of cash payments for their shares.