Northwire Canada EditionTuesday, August 25, 2026
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M&A / Property Game Changer

LDB Capital Corp. Announces Closing of Qualifying Transaction

Cash shell transforms into Israeli live-event SaaS play, listing on TSXV under EVNT

By The Northwire Desk — AI Analysis Jun 10, 2026 · 12:09 LDB · 0.19 NaN
Executive Summary
  • LDB Capital Corp., a TSXV capital pool company (CPC), closed its qualifying transaction, acquiring a 51.0% controlling stake in Eventer Technologies Ltd., an Israeli SaaS ticketing platform.
  • The transaction was structured as a share exchange: LDB issued 21,511,858 common shares to Eventer’s selling shareholders at a ratio of 48.6303 Resulting Issuer shares per Eventer share.
  • Post-closing, the resulting issuer has 34,170,760 common shares outstanding; Selling Shareholders hold ~62.95%, former LDB shareholders ~33.90%, and Finders ~3.15%.
  • The company will be renamed Eventer Technologies Ltd. and commence trading on the TSXV under ticker symbol “EVNT” at market open June 12, 2026, classified as a Tier 2 Technology Issuer.
  • New management is drawn from Eventer: Liron Carmel (CEO & Chair), Yossi Lapovsky (CFO), Guy Zion (CTO), Noa Maman (COO), with new board members.
  • Escrow restrictions apply to 14,018,040 shares of Principals (36-month staggered release) and 4,092,824 shares of non-Principals (12-month Seed Share Resale Restrictions).
  • The most recent release confirms closing and provides final capitalization and share lock-ups; it follows conditional acceptance (June 1) and the signing of the definitive agreement (Feb 19, 2026), originally announced via a letter of intent in November 2025.
Material Impact
  • The closing fundamentally changes the nature of the business: a pre-revenue CPC shell with ~$480k in cash is transformed into an operating SaaS company holding a controlling interest in Eventer Technologies Ltd. This is a transformative merger that re-rates the entity from a cash box to a technology issuer.
  • Eventer’s business (SaaS event ticketing) is early-stage; unaudited financials from September 2025 showed $1.845M in assets, $2.520M in liabilities (negative equity of -$0.675M), $1.513M in revenue, and a modest net loss of $0.076M. The resulting entity inherits operational cash flows, a business model, and the associated risks.
  • The stock was halted ahead of the transaction; the June 12 trading resumption will be the first public price discovery for the combined company, making this a material market-moving event regardless of immediate direction.
  • The transaction introduces significant share dilution (outstanding shares jump from 11.58M to 34.17M), and over 18M shares are subject to escrow/resale restrictions that could create future overhang. However, near-term liquidity for the float is limited.
  • Overall, this is a definitive, one-time corporate restructuring that should trigger a substantial repricing of the equity. It qualifies as a game-changer event.
LDB · Price
Company Overview
  • Prior to closing, LDB Capital Corp. was a TSX-V Capital Pool Company with no revenue, total assets of $480,211 (mostly cash), no debt, and a sole purpose of identifying and completing a Qualifying Transaction.
  • Post-closing, the company is Eventer Technologies Ltd., an Israeli SaaS platform for end-to-end management and sale of tickets for live events (performances, festivals, conferences, nightlife). The platform covers ticket sales, attendee administration, marketing tools, customer support, and secure payment processing.
  • The company is classified as a Tier 2 Technology Issuer on the TSX Venture Exchange, with shares expected to resume trading under symbol EVNT.
  • According to earlier unaudited snapshots, Eventer generated revenue of ~$1.5M for the nine months ended September 30, 2025 (or possibly full year 2024 $1.55M) with net losses narrowing but still present. The firm had negative shareholders’ equity, indicating reliance on debt and shareholder funding.
Read the original news release →

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