Weave to Be Acquired by Francisco Partners for $7.40 Per Share in All-Cash Merger

Weave announced a definitive agreement to be acquired by Willow Parent and Willow Merger Sub, affiliates of Francisco Partners, for $7.40 per share in cash. Following closing, Weave will become a wholly owned subsidiary and its shares will be delisted from the NYSE, with completion targeted for the fourth quarter of 2026, subject to stockholder approval, HSR clearance, and other customary conditions. Concurrently, Weave secured support agreements from directors and affiliated funds representing approximately 14.5% of voting power to vote in favor of the merger. The merger agreement includes termination fees of $22.8 million payable by Weave under certain conditions and $39 million payable by Parent under others.

Agreement 1: Weave to Be Acquired by Francisco Partners for $7.40 Per Share in All-Cash Merger

• Agreement type: Agreement and Plan of Merger (all-cash take-private)
• Counterparty: Willow Parent and Willow Merger Sub
• Signed / Effective: Aug 18 2026 / same
• Duration / Termination: Until closing
• Reason: Take-private by Francisco Partners

Agreement 2: Weave Secures Support Agreements Covering 14.5% of Voting Power for Merger

• Agreement type: Support agreements committing votes for merger
• Counterparty: Weave directors and affiliated funds
• Signed / Effective: Aug 18 2026 / same
• Duration / Termination: Until closing or termination
• Reason: Secure stockholder support for merger

Original SEC Filing: Weave Communications, Inc. [ WEAV ] - 8-K - Aug. 19, 2026