Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 14A INFORMATION
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Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant | ☒ | |||||||
Filed by a party other than the Registrant | ☐ | |||||||
Check the appropriate box: | ||||||||
☐ | Preliminary Proxy Statement | |||||||
☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) | |||||||
☐ | Definitive Proxy Statement | |||||||
☐ | Definitive Additional Materials | |||||||
☒ | Soliciting Material under §240.14a-12 | |||||||
WEAVE COMMUNICATIONS, INC.
(Name of Registrant as Specified In Its Charter)
_____________________________________________________________
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply): | ||||||||
☒ | No fee required | |||||||
☐ | Fee paid previously with preliminary materials | |||||||
☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 | |||||||
Employee Email
To: All Employees
From: Brett White, CEO
Date: August 18, 2026
Subject: A new chapter for Weave
Team,
I'm writing with exciting news about the future of Weave.
We just announced that Weave has entered into a definitive agreement to be acquired by Francisco Partners (FP), a leading global investment firm that specializes in partnering with technology and technology-enabled businesses, for $7.40 per share in cash. This values Weave at an aggregate equity valuation of approximately $650 Million. A copy of the press release can be found here.
Since our founding in 2008, we have built something that did not exist before: an always-on teammate for the independent healthcare practices that care for patients in communities across the country. More than 40,000 locations rely on us today, over half of them are using the AI we've built into the platform, and last quarter we added the most new locations ever in a single quarter, both on a gross and net basis.
Importantly, while we will be changing ownership, we are not changing our focus or who we are as a company. To the contrary. As a private company, we will be able to make the long-term investments required to accelerate that work — becoming every practice's newest team member, becoming the default way practices get paid, and establishing Weave with larger group practices. These are multi-year builds. Francisco Partners is an experienced and trusted investor that shares our goals and can provide the resources and expertise to help us achieve them, allowing us to be even more committed to the practices we serve and to innovating on the tools they depend on every day.
For context, Francisco Partners has invested in over 500 technology companies since launching more than 25 years ago, with real depth in both vertical software and healthcare specifically, including companies like AdvancedMD, Office Ally, Nextech, Waystar, Availity, Zocdoc, QGenda and Paradigm. That combination is a big part of why we are excited to partner with them. They understand vertical SaaS, they understand healthcare, and in every conversation we had, they took the practices we serve seriously. It is our firm belief that Weave will continue to thrive under Francisco Partners' ownership, and I'm looking forward to what we can build together.
Please keep in mind that while today marks an exciting milestone, it represents only the first step in the process to complete this transaction. We anticipate it to close in the fourth quarter of 2026, subject to customary closing conditions, including approval by our stockholders and receipt of required regulatory approvals. Until then, we remain an independent, publicly traded company,
and it is business as usual for all of us. The most important thing any of us can do between now and then is stay focused on our day-to-day responsibilities and give our customers the same service and innovation they've come to expect.
We've posted an FAQ here to help answer the questions you likely have right now. I'd also encourage you to join our town hall meeting today at 9:00 a.m. MT, where Jason and I will discuss this in more detail, take your questions, and introduce you to our partners at FP.
You should receive a separate invitation shortly.Thank you for everything you have done — and continue to do — for Weave. The Francisco Partners team was drawn to this company in large part because of the strength of this team, and it is because of your work that we're in the position we find ourselves in today. I hope you share my excitement for the future ahead.
Best,
Brett
Please forward any media inquiries to Chelsea Kilpack at pr@getweave.com; inquiries from analysts or investors should be forwarded to IR@getweave.com. Talking points have been provided to customer and partner facing teams for proactive outreach. We also ask that you refrain from posting or commenting publicly about the transaction on social media. You may like or re-share official Weave posts without adding commentary.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed acquisition of Weave Communications, Inc. (“Weave”) by affiliates of Francisco Partners (the “Merger”), the expected timetable for completing the Merger, the expected benefits of the Merger, and other statements regarding Weave’s future expectations, beliefs, plans, objectives, financial condition, assumptions, or future events or performance that are not historical facts. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “goal,” “guidance,” “intend,” “may,” “objective,” “outlook,” “plan,” “project,” “seek,” “should,” “strategy,” “target,” “will,” or the negative of these terms or other similar expressions.
These forward-looking statements are based on management’s current beliefs and on assumptions made by, and information currently available to, Weave, all of which are subject to change, and are not guarantees of future performance. Actual results may differ materially due to known and unknown risks and uncertainties, including: the risk that the Merger may not be completed in a timely manner or at all; the failure to obtain the required vote of Weave’s stockholders; the failure to satisfy or waive any of the conditions to closing, including receipt of required regulatory approvals, or the receipt of such approvals subject to conditions that are not anticipated; the occurrence of any event, change, or circumstance that could give rise to the termination of the merger agreement, including in circumstances requiring a party to pay a termination fee; the effect of the announcement or pendency of the Merger on Weave’s business relationships, operating results, and business generally; risks that the Merger disrupts Weave’s current plans and operations; restrictions imposed on Weave’s business during the pendency of the Merger, including restrictions that may impact Weave’s ability to pursue certain business opportunities or strategic transactions; the diversion of management’s attention from ongoing business operations; unexpected costs, charges, or expenses resulting from the Merger; potential litigation relating to the Merger; the risk that the Merger and its announcement could have an adverse effect on Weave’s ability to retain and hire key personnel, retain customers, and maintain relationships with business partners, suppliers, and customers; the risk that any announcements relating to the Merger could have an adverse effect on the market price of Weave’s common stock; and the risks described under the heading “Risk Factors” in Weave’s Annual Report on Form 10-K for the year ended December 31, 2025 and in Weave’s subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the
Securities and Exchange Commission (the “SEC”), available on the SEC Filings section of the Investor Relations page of Weave’s website at investors.getweave.com.
No list or discussion of risks or uncertainties should be considered a complete statement of all potential risks and uncertainties. Forward-looking statements speak only as of the date of this communication, and Weave undertakes no obligation to update or supplement any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Additional Information and Where to Find It
This communication is being made in respect of the proposed merger involving Weave Communications, Inc. and affiliates of Francisco Partners. In connection with the proposed merger, Weave will file with the SEC relevant materials, including a proxy statement (the “Proxy Statement”) relating to a special meeting of Weave’s stockholders to be held in connection with the proposed merger, the definitive version of which will be sent or provided to Weave’s stockholders. Weave may also file other documents with the SEC regarding the proposed merger. This document is not a substitute for the Proxy Statement or any other document which Weave may file with the SEC or send to its stockholders in connection with the proposed merger. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION, PARTIES TO THE PROPOSED MERGER AND RELATED MATTERS. Investors and security holders may obtain free copies of the Proxy Statement (when available) and other documents that are or will be filed with the SEC through the website maintained by the SEC at www.sec.gov, Weave’s investor relations website at investors.getweave.com or by contacting Weave’s Investor Relations department by email at ir@getweave.com or by telephone at (801) 656-8231.
Participants in the Solicitation
Weave and certain of its directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the special meeting of stockholders. Information regarding Weave’s directors and executive officers is available in Weave’s definitive proxy statement filed with the SEC on April 28, 2026, in connection with its 2026 annual meeting of stockholders, under the sections titled “Proposal One: Election of Directors,” “Executive Compensation,” and “Security Ownership of Certain Beneficial Owners and Management.” To the extent the security holdings of Weave’s directors and executive officers have changed since the amounts described in such proxy statement, such changes have been reflected in Initial Statements of Beneficial Ownership on Form 3 or Statements of Changes in Beneficial Ownership on Form 4 filed with the SEC. Additional information regarding persons who may be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, including the interests of Weave’s directors and executive officers, will be contained in the definitive proxy statement related to the proposed merger and other relevant materials to be filed or furnished with the SEC when they become available.
No Offer or Solicitation
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.