Sharat Sharan Exits Position in ON24, Inc. Following Merger Completion

Sharat Sharan has filed an amendment to Schedule 13G (Amendment No. 3) indicating a complete divestment of holdings in ON24, Inc. (ONTF). This zeroing out of the reporting person's position follows the completion of a merger on April 1, 2026. Pursuant to the Agreement and Plan of Merger dated December 29, 2025, between ON24, Inc., Cvent Atlanta, LLC (Parent), and Summit Sub Corp., ON24 became a wholly owned subsidiary of Parent. At the effective time of the merger, each share of ON24 common stock was automatically canceled and converted into the right to receive $8.10 in cash. Prior to the merger, Sharan beneficially owned approximately 10% of the issuer's common stock, totaling approximately 4.3 million shares based on the most recent outstanding share count. Following the transaction, Sharan reports owning zero shares of the issuer. This filing serves to terminate the reporting person's status as a beneficial owner of more than 5% of the company's common stock.