Weave Communications Files Form 15-12G to End SEC Registration After Merger
Weave Communications filed a Form 15-12G to terminate registration of its common stock and suspend reporting duties after a merger left it as a wholly owned subsidiary of Willow Parent.
What happened
Weave Communications, Inc., a Lehi, Utah-based software company, filed a Form 15-12G with the Securities and Exchange Commission on November 6, 2026, to terminate registration of its common stock under Section 12(g) of the Securities Exchange Act of 1934 and to suspend its duty to file periodic reports.
The filing states that on October 26, 2026, Merger Sub, a wholly owned subsidiary of Willow Parent, LLC, merged into Weave, with Weave surviving as a wholly owned subsidiary of Willow Parent. The merger agreement was dated August 18, 2026.
The filing reports one holder of record of Weave common stock as of the notice date. The stock closed at $7.40 on the day of the filing, up 0.14% from the previous close, according to the price data.
The filing
Form 15 is the document a company uses to notify the SEC that it is ending its registration of a class of securities and, with it, the obligation to file quarterly and annual reports. Weave's filing covers its common stock, par value $0.00001 per share, and lists no other classes of securities that remain subject to reporting.
The company cited Rule 12g-4(a)(1), the provision that allows deregistration when a class of securities is held by fewer than 300 holders of record. Weave reported one holder of record — consistent with a company whose shares have been consolidated under a single corporate owner.
The notice was signed by General Counsel Tyler Waltman.
What this means
Deregistration is a mechanical consequence of a completed merger, not a separate corporate decision. When an acquirer buys all outstanding shares, the target's stock stops trading on its exchange, the shareholder base collapses to the new parent company, and the target no longer has public investors to report to. Filing Form 15 is the step that formally turns off the SEC reporting obligation.
The key number in this filing is the 'one' holder of record. Before the merger, Weave's shares were spread across many public investors; after it, the only holder is Willow Parent. Rule 12g-4(a)(1) exists precisely for this situation — once a class has fewer than 300 record holders, the issuer can deregister it.
Terminating registration means Weave will stop filing Forms 10-K, 10-Q and 8-K, and its shares will no longer be quoted on a national exchange. The merger agreement and the resulting single owner are the reason the filing was made; the Form 15 itself is the paperwork that completes the process.
Sources
- 15-12G filed 2026-11-06
- Daily price history
Information summarized by AI from the sources listed above. May contain errors — informational only, not investment advice.