8-K - Universal Health Services, Inc. | StockGist

AI Analysis

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Universal Health Services, Inc. announced it has entered into a definitive agreement to acquire Talkspace, Inc. for $5.25 per share in a transaction with an enterprise value of approximately $835 million, to be financed with borrowings from its existing revolving credit facility. The acquisition is expected to close during the third quarter of 2026, subject to Talkspace stockholder approval, regulatory approvals, and other customary closing conditions.

Key Takeaways

1Entered definitive agreement to acquire Talkspace, Inc. (NASDAQ: TALK) for $5.25 per share

2Enterprise value of approximately $835 million

3Financed with borrowings pursuant to existing revolving credit facility

4Talkspace 2025 revenue: $229 million; provided 1.6 million therapy/psychiatry sessions

5Talkspace network: approximately 6,000 licensed professionals serving all 50 states, D.C., Puerto Rico

6Expected closing: third quarter of 2026

Current Report Details

Event Type

Other Event

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

Other Events. On March 9, 2026 Universal Health Services, Inc issued a press release. A copy of the press release is attached hereto as Exhibit 99.1. Item 9.01

Other Event

Transaction Details

Acquisition / Disposition

Target: Talkspace, Inc.
Consideration: $5.25 per share; enterprise value approximately $835 million
Structure: Definitive merger agreement

•Unanimously approved by boards of directors of UHS and Talkspace
•Expected to close during third quarter of 2026
•Subject to Talkspace stockholder approval
•Subject to regulatory approvals
•Subject to other customary closing conditions

Exhibits (2)

8-K

99.1

EX-99.1