# ON24 INC. (ONTF) — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_6c3982c4c00abed8c0e3 · retrieved 2026-08-11T16:17:14.810Z

## Overview
ON24, Inc. provides a leading cloud-based intelligent engagement platform that combines customer interaction experience with personalization and content to enable sales, marketing and customer-facing organizations to capture and act on connected insights at scale.

ON24, Inc. entered into a Merger Agreement dated December 29, 2025 with Cvent Atlanta, LLC (Parent) and Summit Sub Corp. (Merger Sub), whereby Merger Sub will merge with and into ON24, with ON24 continuing as the surviving corporation as a wholly owned subsidiary of Parent. Each share of ON24 common stock outstanding immediately prior to the Effective Time will be automatically canceled and converted into the right to receive $8.10 in cash per share, without interest and net of applicable withholding taxes. The merger consideration represents a 62% premium to ON24's closing share price on November 10, 2025 (the last trading day prior to disclosure of indications of interest) and a 50% premium to the volume-weighted average price for the one-month period ended on that date. The transaction is expected to close in the first half of 2026, subject to stockholder approval at a special meeting scheduled for March 26, 2026 at 8:30 a.m. Pacific time, regulatory approvals including HSR clearance (which was terminated early on February 13, 2026), and other customary closing conditions. The ON24 Board unanimously approved the Merger Agreement and recommends a vote "FOR" adoption.

## Terms
- Counterparty: Cvent Atlanta, LLC (Parent) and Summit Sub Corp. (Merger Sub), affiliates of Cvent, Inc. · Consideration: cash · Premium: 62.0% · Price/share: $8.1

## Key dates
- Announced 2026-02-24 · Record 2026-02-23 · Vote 2026-03-26 · Completed 2026-04-01

## Timeline
- 2026-02-24 · DEFM14A (0001193125-26-067473): DEFM14A - ON24 INC. — *ON24, Inc. provides a leading cloud-based intelligent engagement platform that combines customer interaction experience with personalization and content to enable sales, marketing and customer-facing organizations to capture and act on connected insights at scale.* ON24, Inc. entered into a Merger Agreement dated December 29, 2025 with Cvent Atlanta, LLC (Parent) and Summit Sub Corp. (Merger Sub), whereby Merger Sub will merge with and into ON24, with ON24 continuing as the surviving corporation as a wholly owned subsidiary of Parent. Each share of ON24 common stock outstanding immediately prior to the Effective Time will be automatically canceled and converted into the right to receive $8.10 in cash per share, without interest and net of applicable withholding taxes. The merger consideration represents a 62% premium to ON24's closing share price on November 10, 2025 (the last trading day prior to disclosure of indications of interest) and a 50% premium to the volume-weighted average price for the one-month period ended on that date. The transaction is expected to close in the first half of 2026, subject to stockholder approval at a special meeting scheduled for March 26, 2026 at 8:30 a.m. Pacific time, regulatory approvals including HSR clearance (which was terminated early on February 13, 2026), and other customary closing conditions. The ON24 Board unanimously approved the Merger Agreement and recommends a vote "FOR" adoption.
  https://www.sec.gov/Archives/edgar/data/1110611/0001193125-26-067473.txt
- 2026-04-01 · 8-K (0001193125-26-137923): 8-K 8-K
  https://www.sec.gov/Archives/edgar/data/1110611/000119312526137923/d108017d8k.htm

## Citations
- 0001193125-26-067473 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526067473
- 0001193125-26-137923 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526137923