SVMK stock stays delisted after Momentive buyout

SVMK stock is now part of a private-company story rather than an actively traded public-market quote. Momentive was acquired by Symphony Technology Group for USD 1.5 billion, with the transaction closing on May 31, 2023, according to Multiples.

The Nasdaq chapter ended

The deal changed the central fact for anyone searching for SVMK: Momentive was delisted from Nasdaq after shareholder approval, and the company now operates privately from San Mateo, California. Multiples identifies Momentive as a provider of survey software and experience management tools, with SurveyMonkey remaining its best-known brand.

The transaction was announced on March 13, 2023, and shareholders were set to receive USD 9.46 per share in cash. That figure represented a 28 percent premium to the 10-day volume-weighted average closing price ending March 13, 2023, giving the buyout a clearly defined premium structure.

What the buyout valued

Multiples also reports that the USD 9.46 cash consideration represented a 46 percent premium to the closing price before sale rumors emerged on October 19, 2022. The comparison shows how sharply the negotiated transaction value exceeded the earlier market reference.

Momentive's operating profile was built around subscription software for customer, employee and market feedback. The company was founded in 1999, and its product suite included AI analysis for text and sentiment alongside web, mobile and business-software integrations, according to Multiples.

SVMK remains a historical ticker

The last clearly disclosed public-market reference is the USD 1.5 billion buyout announced on March 13, 2023, not a current Nasdaq quotation. For investors researching SVMK, the relevant figures are therefore the USD 9.46 cash payment, the 28 percent premium and the May 31, 2023 closing date.