ON24 INC. — Director's Dealing 2024

Jan 18, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ON24 INC. (ONTF)
CIK: 0001110611
Period of Report: 2023-11-08

Reporting Person: Indaba Capital Management, L.P. (10% Owner)
Reporting Person: IC GP, LLC (10% Owner)
Reporting Person: SCHRIER DEREK C (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4240256	Indirect

Footnotes

F1: This Form 3 is filed jointly by Indaba Capital Management, L.P. (the "Investment Manager"), IC GP, LLC ("IC GP"), and Derek C. Schrier (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock (the "Shares") reported herein except to the extent of his or its pecuniary interest therein.

F2: The securities of ON24, Inc. (the "Issuer") reported herein are held directly by Indaba Capital Fund, L.P. (the "Fund"). Pursuant to an Investment Management Agreement, the Fund and its general partner have delegated all voting and investment power over the Shares directly held by the Fund to the Investment Manager. As a result, each of the Investment Manager, IC GP, as the general partner of Investment Manager, and Mr. Schrier, as Managing Member of IC GP, may be deemed to exercise voting and investment power over such Shares. The Fund specifically disclaims beneficial ownership of such Shares by virtue of its inability to vote or dispose of such Shares as a result of such delegation to the Investment Manager.