Dragoneer II Shareholders Approve Cvent Merger

Dragoneer Growth Opportunities II

Dragoneer Growth Opportunities II shareholders voted in favor of the business combination with Cvent today.

The business combination is expected to close tomorrow. Share redemptions can be reversed until 5 p.m. today.

Dragoneer in a news release said it would file vote results today in an 8-K, but had not done so by mid-afternoon. In any event, the SPAC said it expects that the minimum cash condition to closing the deal will be satisfied upon completion of the PIPE funding, which was previously reported to be $475 million.

At closing, Cvent’s common stock is expected to be listed on the Nasdaq under CVT.

Cvent is a meetings, events, and hospitality technology provider with more than 4,000 employees and 21,000 customers worldwide. Read more.

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