Weave Communications issues supplemental proxy disclosures after merger lawsuits, demands

By Public Technologies
  • Weave Communications is set to be acquired by Willow Parent via a merger, leaving Weave as a wholly owned subsidiary.
  • Willow Parent and the merger vehicle are affiliates of Francisco Partners.
  • Two stockholder lawsuits in New York challenge merger disclosures, seeking to delay the deal or pursue damages.
  • Weave issued supplemental proxy disclosures to reduce delay risk, without changing consideration or the October 22 virtual meeting date.


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