secwatch.observer — SEC 8-K summary
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Issuer:     Talkspace, Inc. (TALK)
CIK:        0001803901
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0000950157-26-000267
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talkspace acquired by Universal Health Services for $5.25 per share in cash
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- Talkspace (TALK) enters definitive merger agreement with UHS (UHS); all outstanding shares converted to $5.25 cash.
- Voting agreements cover ~14% of shares (Braunstein 9%, Shachar 5%) committed to vote in favor.
- Merger subject to stockholder approval, HSR clearance, state healthcare approvals, and no material adverse effect.
- Termination fee of $32.4M payable by Talkspace if it accepts a superior proposal.
- Expected close by Dec 9, 2026, extendable to Mar 9, 2027; no financing condition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803901/000095015726000267/0000950157-26-000267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803901/000095015726000267/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-26-000267

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