Unaudited Pro Forma Financial InformationForma Financial Information • December 7th, 2015 • Cvent Inc • Services-prepackaged software
On December 3, 2015, Cvent, Inc. (the "Company") entered into an Asset Purchase Agreement (the "Purchase Agreement") by and among the Company, CrowdTorch LLC, a wholly owned subsidiary of the Company ("CrowdTorch") and Vendini, Inc., a California corporation ("Vendini"), pursuant to which Vendini purchased certain assets and assumed certain liabilities of CrowdTorch (such transaction, the "Disposition"). The purchased assets and assumed liabilities comprise CrowdTorch's business of consumer-oriented online and box office ticket sales, premium services and other marketing and promotional services directed towards performance venues and participation sports, including but not limited sales directed through LaughStub, TuneStub, and ElectroStub (the "Ticketing Business"). The purchased assets comprise substantially all of CrowdTorch's assets, other than CrowdTorch's mobile applications business.
ASSET PURCHASE AGREEMENT by and between CROWDTORCH LLC, CVENT, INC. and VENDINI, INC. Dated as of December 3, 2015Asset Purchase Agreement • December 7th, 2015 • Cvent Inc • Services-prepackaged software • Delaware
