Weave Stockholders Approve $7.40/Share Francisco Partners Buyout
WEAV sits 75% above its 52-week low of $4.24.
Summary
Weave shareholders voted to adopt the $7.40-per-share cash merger with Francisco Partners, with 58.8 million shares in favor against 2.3 million opposed. The deal now awaits the remaining closing conditions.
Key Events · M&A and Partnerships · WEAV
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Merger Agreement Adopted by Stockholders
At the October 22, 2026 Special Meeting, 58,845,446 shares voted for adoption of the merger agreement, 2,324,059 against and 42,770 abstained.
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Quorum and Record Date Holdings
61,212,275 shares were present or represented by proxy, about 76.1% of the 80,450,446 shares outstanding as of the September 14, 2026 record date.
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Adjournment Proposal Not Needed
The Adjournment Proposal was not submitted because a quorum was present and there were sufficient votes to adopt the merger agreement.
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Remaining Closing Conditions
The HSR waiting period was terminated early per the September 21, 2026 8-K; the filing states the deal remains subject to the ability to meet closing conditions on the expected timeframe or at all.
Analysis · WEAV · Technology
The last major shareholder hurdle to the Francisco Partners acquisition is cleared: holders adopted the merger agreement by a wide margin, with roughly 96% of votes cast in favor. With the HSR waiting period already terminated in September, the deal now hinges mainly on remaining closing conditions. At $7.40, the stock trades essentially at the cash consideration, so the market is pricing the deal as near-certain; the remaining risk is a delayed or blocked close rather than a re-cut price.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 36.9% of the 1013 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.77%. 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 $7.40 on NYSE in the Technology sector, with a market capitalization of approximately $594.5M. The 52-week trading range was $4.24 to $7.70. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.