05/29/2026 | Press release | Distributed by Public on 05/29/2026 14:10
TALKSPACE STOCKHOLDERS VOTE TO
APPROVE ACQUISITION BY UHS
New York, NY, May 29, 2026 (GLOBE NEWSWIRE) - Talkspace, Inc. ("Talkspace") (Nasdaq: TALK) today announced that at the special meeting of Talkspace stockholders held on May 29, 2026, the Talkspace stockholders voted to approve the acquisition of Talkspace by Universal Health Services, Inc. ("UHS") pursuant to the terms and conditions of the Agreement and Plan of Merger, dated as of March 9, 2026 (the "Merger Agreement"), by and among Talkspace, UHS and UHS Merger Subsidiary, Inc., an indirect wholly owned subsidiary of UHS.
Completion of the acquisition remains subject to the satisfaction or waiver of customary closing conditions, including the receipt of state regulatory approvals, and is expected to close in the third quarter of 2026.
About Talkspace
Talkspace is a leading virtual behavioral healthcare provider committed to helping people lead healthier, happier lives through access to high-quality mental healthcare. Talkspace pioneered the ability to text with a licensed therapist from anywhere and now offers a comprehensive suite of mental health services, including therapy for individuals, teens, and couples, as well as psychiatric treatment and medication management (18+). With Talkspace's core therapy offerings, members are matched with one of thousands of licensed therapists within days and can engage in live video, audio, or chat sessions, and/or unlimited asynchronous text messaging sessions.
All care offered at Talkspace is delivered through an easy-to-use, fully-encrypted web and mobile platform that meets HIPAA, federal, and state regulatory requirements. Most Americans have access to Talkspace through their health insurance plans, employee assistance programs, our partnerships with leading healthcare companies, or as a free benefit through their employer, school, or government agency.