Weave Communications Clears HSR Antitrust Review for Francisco Partners Buyout
WEAV sits 73% above its 52-week low of $4.24.
Summary
Weave Communications announced that the HSR waiting period for its acquisition by Francisco Partners was terminated early on September 21, 2026, satisfying one of the closing conditions. The merger remains on track to close in Q4 2026 pending stockholder approval. A special meeting of stockholders has been set for October 22, 2026, with a record date of September 14, 2026, to vote on the merger.
Updated with an SEC DEFM14A filing · What changed
Updates
· SEC DEFM14A — Special meeting set for October 22, 2026, with record date September 14, 2026, to vote on the $7.40 per share merger.
Key Events · M&A and Partnerships · WEAV
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Updated · · SEC DEFM14A
Special Meeting Set for October 22, 2026
A special meeting of stockholders will be held on October 22, 2026, with a record date of September 14, 2026, to vote on the merger. The company had previously expected to announce the meeting as soon as practicable; a preliminary proxy statement was filed on September 15, 2026.
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HSR Antitrust Clearance Granted
Early termination of the Hart-Scott-Rodino waiting period was granted on September 21, 2026, satisfying one of the conditions to closing the Francisco Partners merger.
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Merger Remains on Track for Q4 2026
The $7.40 per share cash acquisition is expected to close in the fourth quarter of 2026, subject to customary closing conditions including stockholder approval.
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Prior Disclosure Context
The merger agreement was announced on August 18, 2026, with support agreements covering 11.5% of shares disclosed in the September 15, 2026 preliminary proxy.
Analysis · WEAV · Technology
The early termination of the HSR waiting period removes a key regulatory hurdle for the $7.40 per share cash acquisition by Francisco Partners. With antitrust clearance secured, the deal now hinges primarily on stockholder approval, which will be sought at a special meeting scheduled for October 22, 2026, with a record date of September 14, 2026. The merger is still expected to close in Q4 2026, subject to customary conditions.
How filings like this one have moved
In the 30 days to Oct 4, 2026, 29.2% of the 1584 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WEAV was trading at $7.33 on NYSE in the Technology sector, with a market capitalization of approximately $585.7M. The 52-week trading range was $4.24 to $7.81. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.