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.

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