ON24 INC. 8-K

What Happened
ON24, Inc. announced on December 30, 2025 that it entered into an Agreement and Plan of Merger with Cvent Atlanta, LLC (Parent) and Summit Sub Corp. (Merger Sub), affiliated with Cvent, Inc. Under the Merger Agreement, Merger Sub will merge with and into ON24, with ON24 continuing as the surviving company and becoming a wholly‑owned subsidiary of Parent. Parent and its affiliate have agreed to acquire all outstanding shares of ON24 common stock for $8.10 per share in cash. The company furnished a press release announcing the transaction as Exhibit 99.1 to its Form 8-K.

Key Details

• Purchase price: $8.10 per share in cash.
• Parties: Cvent Atlanta, LLC (Parent) and Summit Sub Corp. (Merger Sub), affiliated with Cvent, Inc.
• Date filed/announced: December 30, 2025 (press release attached as Exhibit 99.1).
• Transaction structure: merger in which ON24 will become a wholly‑owned subsidiary of Parent, subject to the terms and conditions of the Merger Agreement.

Why It Matters
This is a definitive merger agreement that, if completed, will result in ON24 ceasing to trade as an independent public company and shareholders receiving $8.10 per share in cash upon closing (subject to the Merger Agreement’s conditions). Retail investors should note the agreed cash price and that the transaction is subject to the agreement’s terms, any required approvals and closing conditions described in the Merger Agreement. The press release with more details was filed with the Form 8-K (Exhibit 99.1).