Bumble announced a definitive merger agreement with Ithaca Holdco valuing Class A shares at $6.05 in cash and Class B shares at $0.000001. The two-step structure will leave Bumble and its operating partnership as wholly owned subsidiaries of Ithaca, with options cancelled and RSUs paid or replaced in cash per existing terms. To support the deal, Greenoaks Prime Radiant delivered an equity commitment letter, while founder Whitney Wolfe Herd and Beehive Holdings III agreed to roll Class A shares into a new Topco, foregoing cash for equity. The transaction is subject to customary approvals and includes a $29 million company termination fee and a $102 million parent termination fee under specified conditions.

Agreement 1: Bumble Agrees to $6.05-Per-Share Sale to Ithaca Holdco in Two-Step Merger

• Agreement type: Agreement and Plan of Merger
• Counterparty: Ithaca Holdco
• Signed / Effective: Oct 12 2026 / same
• Duration / Termination: Until closing; End Date Jul 12 2027
• Reason: Execute go-private transaction and deliver cash value to shareholders

Agreement 2: Greenoaks Prime Radiant Provides Equity Commitment to Support Bumble-Ithaca Transaction

• Agreement type: Equity commitment letter
• Counterparty: Greenoaks Prime Radiant
• Signed / Effective: Oct 12 2026 / same
• Duration / Termination: Until closing
• Reason: Enhance funding certainty for the go-private transaction

Agreement 3: Founder Whitney Wolfe Herd to Roll Class A Shares Into New Topco for Bumble Deal

• Agreement type: Rollover agreement
• Counterparty: Whitney Wolfe Herd and Beehive Holdings III
• Signed / Effective: Oct 12 2026 / same
• Duration / Termination: Until closing
• Reason: Align founder stake with post-merger ownership structure

Original SEC Filing: Bumble Inc. [ BMBL ] - 8-K - Oct. 13, 2026