Weave Communications Inc. Announces New Employment Inducement Awards Following Acquisition of Vidurama, Inc

Reuters
06-07
Weave Communications Inc. Announces New Employment Inducement Awards Following Acquisition of Vidurama, Inc

Weave Communications Inc., a leading software platform for small and medium-sized healthcare businesses, announced new employment inducement awards following its acquisition of Vidurama, Inc. (d/b/a TrueLark). On June 2, 2025, the company granted restricted stock units for a total of 512,250 shares of its common stock to 31 newly hired employees. These awards, issued under Weave's 2022 Inducement Equity Incentive Plan, will vest over three years, with 33% vesting on June 3, 2026, and the remaining shares vesting in equal quarterly installments over the subsequent two years, contingent on continued employment. This announcement complies with NYSE Rule 303A.08, which allows for such inducement awards without stockholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weave Communications Inc. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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