Hi and welcome back,
After some testing and communication with fellow support team members, we came up with a solution to allow bullet points to display in the event excerpt. I’ve brought this thread to our developers attention to reference. Thanks for bringing this to our attention and hang tight for maintenance release info.
add_filter( 'wp_trim_words', 'tribe_preserve_html_in_excerpt', 10, 4 );
function tribe_preserve_html_in_excerpt( $text, $num_words, $more, $original_text ) {
remove_filter( 'wp_trim_words', 'tribe_preserve_html_in_excerpt', 10 );
$excerpt = force_balance_tags( html_entity_decode( wp_trim_words( htmlentities( $original_text ) ) ) );
add_filter( 'wp_trim_words', 'tribe_preserve_html_in_excerpt', 10, 4 );
return $excerpt;
}