Weave Communications filed a current report to provide supplemental disclosures in connection with its proposed acquisition by Francisco Partners affiliate Willow Parent. The filing addresses two complaints and 13 demand letters from stockholders alleging disclosure deficiencies in the definitive proxy statement, though the company maintains these claims are without merit. To mitigate potential delays, Weave voluntarily supplemented the proxy with additional financial analysis from Jefferies LLC, including updated comparable company multiples and a discounted cash flow valuation range of $6.25 to $8.08 per share. The special meeting for stockholders to vote on the merger remains scheduled for October 22, 2026. Weave Communications provides cloud-based communication software solutions for small businesses.
