Weave Completes TrueLark Acquisition

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7:00 PM on Monday, May 19, 2025

The Associated Press

LEHI, Utah--(BUSINESS WIRE)--May 19, 2025--

Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced the successful closing of its previously announced acquisition of TrueLark. Truelark is an AI-powered receptionist and front-desk automation platform. The transaction marks a significant milestone in Weave’s strategy to lead the next evolution of AI in healthcare communications.

Additionally, on May 16, 2025, Weave filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission to facilitate the registration for resale of the shares issued in the TrueLark transaction, as required by the merger agreement. Weave has no current plans to offer or sell any additional securities to the public under this shelf registration.

For more details and the previous announcement from this transaction, please see the following link: Weave Communications to Acquire TrueLark, Accelerating AI-Powered Front Office Automation.

About Weave

Weave is a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire patient journey. Weave’s software solutions transform how healthcare practices attract, communicate with, and engage patients and clients to grow their business. Weave seamlessly integrates billing and payment requests into communication workflows, streamlining payment timelines, reducing accounts receivable, and supporting practice profitability. In the past year, Weave has been named an Inc. Power Partner, a G2 leader in Patient Relationship Management software and a Top 50 Product for Small Business. To learn more, visit getweave.com/newsroom/.

About TrueLark

TrueLark is an AI-powered virtual receptionist for appointment-based small and medium-sized businesses. Its agentic AI platform handles scheduling, rescheduling, and inquiries via SMS and web chat—delivering 24/7 patient and client support. TrueLark helps customers follow up on missed calls, increase bookings, and improve operational efficiency. To learn more, visit truelark.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250519093381/en/

CONTACT: Media Contact:

Natalie House

Sr. Director of Content and Communications, Weave

[email protected] Contact:

Mark McReynolds

Head of Investor Relations, Weave

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA UTAH

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT BUSINESS SMALL BUSINESS TECHNOLOGY SOFTWARE ARTIFICIAL INTELLIGENCE

SOURCE: Weave

PUB: 05/19/2025 10:00 PM/DISC: 05/19/2025 09:59 PM