Eventbrite shares surge 79.03% premarket after agreeing to $500M acquisition by Bending Spoons, offering $4.50 per share in cash.

Eventbrite (EB) surged 79.03% in premarket trading following the announcement of a definitive agreement to be acquired by Bending Spoons in an all-cash deal valued at approximately $500 million. Under the terms, shareholders will receive $4.50 per share, an 82% premium over the stock’s 60-day volume-weighted average price. The transaction, unanimously approved by Eventbrite’s board, is expected to close in the first half of 2026, pending regulatory and shareholder approvals. Bending Spoons, which has previously acquired companies like Vimeo and AOL, cited strategic synergies to enhance Eventbrite’s tools, including AI-driven event creation and secondary ticket market features. The acquisition, reflecting strong investor confidence in the premium offer and Bending Spoons’ track record, directly explains the sharp premarket rally.