secwatch.observer — SEC 8-K summary
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Issuer:     CVENT HOLDING CORP. (—)
CIK:        0001827075
Form:       8-K
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0001193125-23-167888
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackstone completes $4.6B acquisition of Cvent at $8.50 per share; stock delisted
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- Deal closed June 15, 2023; shareholders receive $8.50/share cash, total enterprise value ~$4.6B.
- Blackstone led acquisition with minority investment from ADIA and participation from Vista Equity Partners.
- Company's common stock ceased trading on Nasdaq; will be delisted and deregistered with SEC.
- CEO Reggie Aggarwal remains; board replaced by Merger Sub directors; prior directors resigned.
- Credit agreement with PNC Bank terminated and all outstanding obligations repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1827075/000119312523167888/0001193125-23-167888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1827075/000119312523167888/d494621d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-167888

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer