Eventbrite is approaching a February 27, 2026, shareholder vote on its proposed $4.50 per share merger with Bending Spoons. The transaction faces increased execution risk after a Delaware court expedited litigation concerning the voting power of Class B shares.
- Plaintiffs contend that Class B shares held by the Hartz family should have converted to Class A, potentially reducing their control over the merger's approval.
- Eventbrite continues to target a deal closure in early 2026 despite the ongoing legal hurdles.
- Shares closed at $4.42 on February 18, 2026, as the market assesses the impact of the court's involvement on the deal's completion.