secwatch.observer — SEC 8-K summary
======================================

Issuer:     Talkspace, Inc. (TALK)
CIK:        0001803901
Form:       8-K
Filed at:   2026-08-17T13:09:51+00:00
Accession:  0000950157-26-000907
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talkspace completes $870.6M acquisition by Universal Health Services; shares converted to $5.25 cash
--------------------------------------------------------------------------------

- Each Talkspace share converted to $5.25 cash; total consideration ~$870.6M, funded via UHS credit facilities.
- Talkspace is now an indirect wholly owned subsidiary of UHS; Nasdaq delisting and Form 15 deregistration initiated.
- All prior Talkspace directors resigned; new board members are Matthew Klein, Steve Filton, and Tom Day.
- Talkspace network: ~6,000 licensed providers serving 200M+ people across all 50 states, D.C., and Puerto Rico.
- Combined entity creates full behavioral health continuum from virtual care to inpatient treatment; Tee AI guide highlighted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803901/000095015726000907/0000950157-26-000907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803901/000095015726000907/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-26-000907

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer