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Weave Communications closes merger at $7.40 a share

On the merger's effective date, eligible shares converted into rights to $7.40 cash per share, and the reporting persons ceased to own more than 5%.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Weave Communications, Inc. completed its merger on October 26, 2026, when Willow Merger Sub, Inc. merged into Weave, with Weave surviving as a wholly owned subsidiary of Willow Parent, LLC. Willow Parent and Merger Sub are affiliates of Francisco Partners Management, L.P. At the Effective Time, each outstanding Weave common share—excluding dissenting shares, treasury shares, shares held by a Weave subsidiary, and shares held by Parent, Merger Sub or their wholly owned subsidiaries—converted into the right to receive $7.40 in cash per share, without interest and subject to applicable tax withholding; the Reporting Persons’ shares were included. Weave common stock was delisted from the New York Stock Exchange and deregistered. Crosslink Capital, Inc., Crosslink Capital Management, LLC and Michael J. Stark each reported zero beneficially owned shares; the Reporting Persons ceased to be beneficial owners of more than 5% on October 26, 2026.

Cash consideration per share $7.40 in cash per share Right to receive at the Effective Time, without interest and subject to applicable tax withholding
Beneficially owned shares 0 shares Each reporting person
Beneficial ownership percentage 0.0% Each reporting person
Beneficial ownership threshold More than 5% The reporting persons ceased to exceed this threshold on October 26, 2026
Effective Time regulatory
"the time the Merger became effective (the "Effective Time")"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
dissenting shares regulatory
"other than dissenting shares"
Dissenting shares are shares held by investors who formally oppose a proposed corporate action—such as a merger or takeover—and choose to demand a cash payment for the value of their stock instead of accepting the deal’s terms. This matters to investors because it can slow or complicate a transaction, trigger a legal process to set a fair price, and affect how much cash a company must pay out, which in turn influences the financial outcome for all shareholders.
beneficial owners regulatory
"ceased to be the beneficial owners of more than five percent"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
deregistered regulatory
"the Common Stock was delisted from the New York Stock Exchange and deregistered"
Deregistered means a company has removed its securities from formal registration with a securities regulator or an exchange, ending routine public filing and listing obligations. For investors this matters because it typically reduces regular disclosure and can lower share liquidity and market visibility—think of a shop that stops publishing its sales and closes its store window, making it harder to watch performance and buy or sell quickly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much cash was each eligible WEAV share entitled to receive?

At the Effective Time, each eligible Weave common share was converted into the right to receive $7.40 in cash, without interest and subject to applicable tax withholding. Dissenting shares, treasury shares, specified subsidiary-held shares, and shares held by Parent, Merger Sub or their wholly owned subsidiaries were excluded.

When did the WEAV merger become effective, and what happened to its listing?

The merger became effective on October 26, 2026. Weave common stock was delisted from the New York Stock Exchange and deregistered.

Did the WEAV reporting persons continue to own more than 5%?

No. Crosslink Capital, Inc., Crosslink Capital Management, LLC and Michael J. Stark ceased to be beneficial owners of more than 5% of Weave common stock on October 26, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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94724R108

(CUSIP Number)
Maureen Offer
c/o Crosslink Capital, Inc., 2180 Sand Hill Road, Suite 200
Menlo Park, CA, 94025
(415) 617-1800

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/26/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Crosslink Capital, Inc.
Signature:/s/ Maureen Offer
Name/Title:Maureen Offer, Chief Financial Officer
Date:10/28/2026
Crosslink Capital Management, LLC
Signature:/s/ Maureen Offer
Name/Title:Maureen Offer, Chief Financial Officer
Date:10/28/2026
Michael J. Stark
Signature:/s/ Michael J. Stark
Name/Title:Michael J. Stark
Date:10/28/2026

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