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Stock impact report

Brightcove Enters into Definitive Agreement to be Acquired by Bending Spoons for $233 Million

Brightcove Inc. (BCOV) 
Last brightcove inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.brightcove.com/investor-relations
Company Research Source: Business Wire
Brightcove Stockholders to Receive $4.45 Per Share in CashBending Spoons enters the enterprise SaaS market and will draw on its technology expertise to further strengthen Brightcove and bring its cutting-edge platform to new heights BOSTON--(BUSINESS WIRE)--Brightcove Inc. (NASDAQ: BCOV), the world’s most trusted streaming technology company, today announced that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $233 million. Under the terms of the agreement, Brightcove shareholders will receive $4.45 per share in cash for each share of Brightcove common stock that they own. The per share purchase price represents a 90% premium over Brightcove’s 60-day volume weighted average share price as of the close on November 22, 2024.“We are pleased to have entered into this definitive agreement with Bending Spoons, which represents the culmination of a comprehensive strategic review process led by our Board of Dir Show less Read more
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