MergerAug 6, 2026, 04:40 PM
Talkspace to be Acquired by UHS for $835M at $5.25/Share
AI Summary
Talkspace, Inc. announced a definitive agreement to be acquired by Universal Health Services, Inc. for approximately $835.0 million, with shareholders receiving $5.25 per share in cash. The transaction is expected to close in Q3 2026. For Q2 2026, the company reported revenue of $61.7 million, a 13.6% increase year-over-year, but a net loss of $1.5 million, compared to a net loss of $0.5 million in Q2 2025.
Key Highlights
- Universal Health Services to acquire Talkspace for $5.25 per share in cash.
- Total transaction value is approximately $835.0 million.
- Merger expected to close in the third quarter of 2026.
- Q2 2026 revenue increased 13.6% to $61.7 million.
- Q2 2026 net loss was $1.5 million.
- Payor revenue for Q2 2026 grew to $51.5 million.
- All outstanding warrants expired unexercised in Q2 2026.
- $11.8 million remained for share repurchase program.
Price Impact
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