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Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Bragar Eagel & Squire, P.C. is Investigating Eventbrite, Inc. (EB) on Behalf of Stockholders and Encourages EB Investors to Contact the Firm

April 11, 2019

NEW YORK, April 11, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of all persons or entities who purchased or otherwise acquired Eventbrite, Inc. (NYSE: EB) securities pursuant to and/or traceable to Eventbrite’s Initial Public Offering (“IPO”) on or about September 19, 2018. Our investigation concerns whether Eventbrite has violated the federal securities laws and/or engaged in other unlawful business practices.

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On September 19, 2018, Eventbrite sold shares in its initial public offering (“IPO”) at $23 per share. In the prospectus issued in relation to the IPO, Eventbrite stated that its acquisition of Ticketfly “had a positive impact on our net revenue growth” in the third quarter of 2017. On March 7, 2019, Eventbrite reported its annual financial results, and in a related conference call, Eventbrite’s CEO and co-founder, Julia Hartz, stated that the strategy to integrate Ticketfly “will impact revenues in the short-term.”

On this news, Eventbrite’s share price fell by more than 24%, closing at $24.46 on March 8, 2019. The share price continued to decline the next trading day to close at $22.89 per share on March 11, 2019. As of market close on April 10, 2019, the stock price was $20.41.

If you purchased or otherwise acquired Eventbrite shares pursuant or traceable to the IPO, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Eventbrite please go to https://bespc.com/eb/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

ContactsBragar Eagel & Squire, P.C.Brandon Walker, Esq.Melissa Fortunato, Esq.(212) 355-4648 investigations@bespc.comwww.bespc.com