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Weave Completes TrueLark Acquisition

1. Weave acquires TrueLark, enhancing AI-driven communications in healthcare. 2. Filed S-3 registration for shares related to TrueLark acquisition. 3. No current plans for additional public securities offerings. 4. Weave strengthens position as a leading healthcare customer experience platform.

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FAQ

Why Bullish?

The acquisition of TrueLark aligns with Weave's strategic goals and presents growth opportunities. Past acquisitions in tech sectors often led to increased shareholder value.

How important is it?

The acquisition of a tech-forward company like TrueLark represents significant strategic value to Weave, likely positively affecting stock performance. This is crucial for investor confidence and future revenue growth.

Why Long Term?

The integration of TrueLark’s AI capabilities will take time to yield significant benefits. Historical trends show acquisitions typically impact performance positively over a longer timeframe.

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TRLK
-Files S-3 Registration Statement for Equity Issuance LEHI, Utah--(BUSINESS WIRE)--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. More News From Weave

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