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Talkspace Announces ‘Tee,’ the First Safe AI Agent Specifically Developed to Help Individuals Navigate Life’s Daily Mental Health Challenges
Talkspace has announced the launch of 'Tee,' an AI agent designed to assist individuals with daily mental health challenges. This innovative tool emphasizes user safety and privacy, marking a significant advancement in mental health support technology. The introduction of Tee aims to provide accessible resources for those seeking help.
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MAY 29, 2026 TALKSPACE STOCKHOLDERS VOTE TO APPROVE ACQUISITION BY UHS New York, NY
Talkspace stockholders have voted to approve the acquisition by Universal Health Services, Inc. (UHS) as of May 29, 2026. The deal, part of a merger agreement announced on March 9, 2026, is expected to close in the third quarter, pending regulatory approvals. While the acquisition is seen positively by investors, it carries risks, including the need for regulatory compliance and potential integration challenges.
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Talkspace Expands U.S. Navy Mental Health Support for Sailors and Families
Talkspace has expanded its partnership with the U.S. Navy to enhance mental health support for Sailors and their families. This initiative aims to improve force readiness through early intervention and proactive support. The program now covers 13 installations, providing access to behavioral health resources via the Talkspace Go app and TRICARE benefits. The expansion reflects a commitment to holistic wellness and resilience among service members.
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Universal Health Services, Inc. to Acquire Talkspace, Inc. Industry-leading virtual behavioral healthcare platform accelerates outpatient strategy with expanded access to care King of Prussia, PA and New York, NY (
Universal Health Services, Inc. has announced its plan to acquire Talkspace, Inc. for $5.25 per share, amounting to an approximate enterprise value of $835 million. This transaction aims to enhance UHS's outpatient behavioral health strategies and increase access to mental healthcare through Talkspace's extensive network of providers. The deal is expected to be slightly accretive to UHS's earnings in the first year and will diversify its payor mix. However, it is contingent upon the approval of Talkspace's stockholders and regulatory bodies, with the closing expected in Q3 2026.
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VOTING AGREEMENT THIS VOTING AGREEMENT (this " Agreement "), dated as of
The Voting Agreement dated March 9, 2026, involves Universal Health Services, Inc. and Talkspace, Inc. in a formal merger process. Signed by the Holders, the agreement specifies their commitment to the merger framework and outlines specific shareholder rights related to the merger. This agreement is part of a larger strategy to consolidate operations under the UHS umbrella.
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Talkspace Announces Fourth Quarter and Full Year 2025 Results 4Q 2025 total revenue grew 29% year-over-year to $63.0 million 4Q 2025 net income of $4.8 million and adjusted EBITDA 1 of $6.6 million Full-year 2025 total r
Talkspace, Inc. reported strong financial results for the fourth quarter and full year of 2025, showcasing a 29% year-over-year increase in quarterly revenue to $63 million. The company also achieved a remarkable 293% rise in net income for Q4, amounting to $4.8 million, largely due to increased revenues despite rising operational costs. The full year saw total revenue climb 22% to $228.9 million, though the company noted a concerning decline in consumer revenue. Looking ahead, Talkspace expects revenue between $275 million and $290 million in 2026, supported by its upcoming AI agent launch.
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Disclaimer This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements contained in this presentation that do not r
Talkspace's presentation at the 2026 JPMorgan Healthcare Conference highlighted its forward-looking statements regarding financial performance, market strategy, and growth potential in mental health care. The company emphasizes the significant market opportunity, given that over 75 million individuals face mental health conditions. Despite optimistic aspects such as strategic partnerships and a growing patient base, the company acknowledges various risks, including technological changes and contract retention challenges that could affect future performance.
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Talkspace Announces Third Quarter 2025 Results 3Q 2025 Total revenue grew 25% year-over-year to $59.4 million driven by 42% year-over-year growth in Payor revenue 3Q 2025 Net income of $3.3 million and adjusted EBITDA 1
Talkspace, Inc. reported its financial results for the third quarter of 2025, showing a total revenue of $59.4 million, a 25% year-over-year increase. The company's growth was primarily driven by a 42% rise in Payor revenue, although Consumer revenue faced a significant decline. Both net income and adjusted EBITDA saw substantial increases, with net income rising to $3.3 million. Looking ahead, Talkspace updated its revenue and adjusted EBITDA guidance for the year, reflecting a sustained positive momentum despite some challenges in consumer sectors.
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Talkspace Acquires Wisdo Health to Expand AI-Powered Social Health and Peer Support Solutions New York, NY –
Talkspace has announced the acquisition of Wisdo Health, an AI-powered social health and peer support platform, to enhance its mental health care services. This acquisition aims to address issues of loneliness and isolation, which impact nearly half of U.S. adults. Wisdo's platform offers precision-matching technology for peer support and aims to improve health outcomes significantly. The collaboration is set to provide comprehensive mental health solutions and expand access to care across various demographics, marking a pivotal step in Talkspace's mission.
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Talkspace Announces Second Quarter 2025 Results 2Q 2025 Total revenue grew 18% year-over-year to $54.3 million driven by 35% year-over-year growth in Payor revenue 2Q 2025 Net loss of $0.5 million and adjusted EBITDA 1 o
Talkspace, Inc. reported its financial results for the second quarter of 2025, showcasing an 18% increase in total revenue to $54.3 million, attributed largely to a 35% rise in Payor revenue. However, the company recorded a net loss of $0.5 million and a 32% decline in Consumer revenue. Adjusted EBITDA saw a notable improvement to $2.3 million, compared to $1.2 million in the same quarter last year. Looking ahead, Talkspace forecasts 2025 revenue to be between $220 million and $235 million while maintaining a focus on operational improvements.
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Talkspace Announces First Quarter 2025 Results 1Q 2025 Total revenue grew 15% year-over-year to $52.2 million driven by 33% year-over-year growth in Payor revenue 1Q 2025 Net income of $0.3 million and adjusted EBITDA 1
Talkspace, Inc. announced its first quarter 2025 financial results showing significant growth, with total revenue rising 15% to $52.2 million, largely driven by a 33% increase in Payor revenue. The company achieved a net income of $0.3 million, contrasting with a loss in the same period last year, and reported adjusted EBITDA of $2 million, reflecting a robust operational performance. However, they noted a 32% decline in Consumer revenue and a slight decrease in gross margin.
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Talkspace Announces Fourth Quarter and Full Year 2024 Results Full-year 2024 total revenue grew 25% year-over-year to $187.6 million Full-year 2024 net income of $1.1 million and adjusted EBITDA 1 of $7.0 million 4Q 2024
Talkspace, Inc. reported its financial results for the fourth quarter and full year of 2024, showing significant revenue growth. The company achieved a total revenue of $187.6 million for the year, up 25% from the previous year. Their net income improved to $1.1 million compared to a loss in the prior year, and adjusted EBITDA also showed positive growth. Despite these gains, there was a notable decline in consumer active members and a reduction in gross margin, prompting concerns about the company's future growth strategy.
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Quality Mental Health Care for All Jon Cohen, M.D., CEO Ian Harris, CFO 2025 JP Morgan Healthcare Conference Disclaimer This presentation contains certain forward-looking statements within the meaning of the Private Secu
Talkspace presented its forward-looking strategies at the 2025 JP Morgan Healthcare Conference, emphasizing its mission to provide quality mental healthcare to underserved populations. The company highlighted its extensive national provider network, comprising over 6,000 experts, and its commitment to leveraging AI technology for efficiency. However, it noted potential risks including a history of financial losses and market competition which could hinder its growth objectives. Additionally, demographic insights reveal that a significant portion of the U.S. population struggles with mental health issues, representing a vast market opportunity.
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Talkspace Announces Third Quarter 2024 Results 3Q 2024 Total revenue grew 23% year-over-year, driven by 45% year-over-year growth in Payor revenue Increased 3Q 2024 GAAP Net income to $1.9 million from $4.4 million net l
Talkspace, Inc. has reported its third quarter 2024 financial results, showcasing a 23% year-over-year revenue increase, reaching a total of $47.4 million. Significant growth in Payor revenue by 45% contributed to the overall success, alongside achieving a net income of $1.9 million, an improvement from a loss in the prior year. Despite these positive outcomes, the company experienced a 30% decline in Consumer revenue and a decrease in gross margin, indicating challenges in certain areas. Talkspace continues to expect strong fiscal year growth, projecting revenues between $185 million and $195 million for 2024.
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Talkspace Announces Second Quarter 2024 Results 2Q 2024 Total revenue grew 29% year-over-year, driven by 62% year-over-year growth in Payor revenue Reduced GAAP Net loss to $0.5 million from $4.7 million year-over-year 2
Talkspace announced its second quarter financial results for 2024, showcasing a 29% year-over-year increase in total revenue, primarily driven by a 62% rise in Payor revenue. The company reduced its GAAP net loss to $0.5 million, a significant improvement from $4.7 million recorded last year. Additionally, Talkspace achieved a positive Adjusted EBITDA of $1.2 million and expanded its Medicare services in 12 states. Despite these accomplishments, the company experienced a 28% decline in Consumer revenue, impacting its gross margin.
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Talkspace Announces First Quarter 2024 Results 1Q 2024 Total revenue grew 36% year-over-year 1Q 2024 Payor revenue grew 92% year-over-year Reduced GAAP Net loss to $1.5 million from $8.8 million year-over-year Delivers f
Talkspace, Inc. reported its first quarter 2024 financial results, showing a strong performance with a 36% growth in total revenue and a remarkable 92% increase in Payor revenue year-over-year. The company achieved its first profitable quarter on an Adjusted EBITDA basis, totaling $0.8 million, and significantly reduced its GAAP net loss to $1.5 million from $8.8 million in the same period last year. Despite these positive developments, the number of active consumer members declined by 26%, signaling potential challenges in consumer engagement. Overall, the financial results indicate a company on an upward trajectory with continued strategic efforts to expand its services in the mental health industry.
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Talkspace Announces Fourth Quarter and Full Year 2023 Results 4Q 2023 Payor revenue grew 138% year-over-year 4Q 2023 Operating expenses of $23.6 million, down 37% year-over-year 4Q 2023 Net loss of $1.3 million; Adjusted
Talkspace, Inc. reported its financial results for the fourth quarter and full year of 2023, highlighting a 138% year-over-year increase in payor revenue and a 37% decrease in operating expenses. The company also provided guidance for 2024, predicting revenues of $185-$195 million and an adjusted EBITDA of $4-$8 million. Despite facing a net loss of $1.3 million, adjustments indicate significant progress from previous years, as outlined by leadership statements regarding operational efficiency and growth opportunities. Additionally, Talkspace has initiated a share repurchase program valued at $15 million.
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Talkspace Announces Appointment of Two New Independent Directors NEW YORK, Dec. 5 , 2023 (GLOBE NEWSWIRE) - Talkspace, Inc. (NASDAQ:TALK) today announce d the appointment of Swati Abbott and Liat Ben-Zur to its b oard of
Talkspace, Inc. has appointed Swati Abbott and Liat Ben-Zur as new independent directors, expanding its board from seven to nine members. Their appointments are expected to add valuable experience in technology, healthcare analytics, and strategic growth to the company. Abbott has a strong background in healthcare data, having led Blue Health Intelligence, while Ben-Zur brings expertise from her tenure at Microsoft. The company aims to leverage their skills to further its commitment to providing high-quality virtual behavioral healthcare.
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Talkspace Announces Third Quarter 2023 Results B2B payor revenue grew 132% year-over-year 3Q 2023 Operating expenses of $24.0 million, down 30% year-over-year Reduced Net Loss to $4.4 million and Adjusted EBITDA 1 loss t
Talkspace reported its financial results for the third quarter of 2023, highlighting a 132% year-over-year increase in B2B payor revenue and a 30% reduction in operating expenses. The company achieved a net loss of $4.4 million, a notable improvement from the previous year, largely due to increased revenues and cost management strategies. Despite a decline in consumer active members and revenue in that segment, Talkspace expects to reach break-even Adjusted EBITDA by the end of Q1 2024.
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Talkspace Announces Second Quarter 2023 Results B2B payor revenue grew 135% year-over-year 2Q 2023 Operating expenses of $24.2 million, down 32% year-over-year Reduced Net Loss to $4.7 million and Adjusted EBITDA 1 loss
Talkspace reported strong financial results for the second quarter of 2023, highlighting a 135% growth in B2B payor revenue year-over-year. Operating expenses were successfully reduced by 32%, leading to a significant decrease in net loss to $4.7 million. The company raised its fiscal year 2023 revenue and Adjusted EBITDA guidance, reaffirming confidence in achieving break-even EBITDA by the end of the first quarter of 2024. This performance indicates a robust operational momentum and strategic growth in the mental healthcare sector.
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After negotiating the principal terms of the Settlement, Plaintiffs' counsel and Defendants separately negotiated at arm's-length with the assistance of the mediator the amount of attorneys' fees and expenses to be paid
The parties involved in a stockholder derivative action against Talkspace, Inc. have reached a settlement that includes the payment of $550,000 to plaintiffs' counsel for fees and expenses. This settlement, reached with the assistance of a mediator, addresses allegations of fiduciary duty breaches and aims to implement corporate governance changes. A Settlement Hearing will be held where the court will consider the fairness of the settlement and approve the fees. Current stockholders have rights to object or participate in the hearing.
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Talkspace Announces First Quarter 2023 Results B2B payor sessions grew 90% year-over-year 1Q 2023 Operating expenses of $25.8 million, down 29% year-over-year 1Q 2023 Net loss of $8.8 million; Narrowed Adjusted EBITDA 1
Talkspace, Inc. reported its Q1 2023 financial results, highlighting a strong performance in the B2B sector with payor sessions growing 90% year-over-year. Operating expenses were reduced by 29%, leading to an improved net loss of $8.8 million compared to the previous year. The company raised its revenue and adjusted EBITDA guidance for FY 2023 and anticipates reaching break-even profitability by Q1 2024.
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GRANTED IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE TALKSPACE, INC. ) C.A. No. 2023-0271-LWW ) [PROPOSED] FINAL ORDER AND JUDGMENT WHEREAS, this Court having reviewed the Verified Petition for Relief Pursuant
The Court of Chancery in Delaware has granted a final order validating the effectiveness of Talkspace, Inc.'s Charter as of June 22, 2021. This ruling confirms that all shares issued under this Charter are effective from their original issuance date. This legal affirmation is significant for stakeholders, ensuring compliance with Delaware corporate law.
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IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE TALKSPACE, INC. ) ) C.A. No. 2023-____-___ VERIFIED PETITION FOR RELIEF UNDER 8 DEL. C. 205 Petitioner Talkspace, Inc. ("Talkspace" or the "Company") brings this pe
Talkspace, Inc. has filed a verified petition in Delaware's Court of Chancery seeking to validate its Second Amended and Restated Certificate of Incorporation. The charter was amended during a business combination in June 2021, which changed its name and stock structure. The company aims to resolve uncertainties around its capital structure and to ensure compliance with federal reporting requirements. This action follows legal precedents that raised questions about its voting process for charter amendments.
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Fourth Quarter Earnings Presentation
Talkspace presented its fourth quarter earnings results, highlighting ongoing challenges in achieving profitability and addressing its history of financial losses. The company remains focused on expanding its market share within the growing virtual behavioral health sector, driven by strategic priorities such as improving product offerings and enhancing provider relationships. Despite a favorable market environment and increasing demand for mental health services, Talkspace faces significant financial risks and uncertainties that could affect its future performance.
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Talkspace Announces Fourth Quarter and Fiscal Year 2022 Results B2B payor sessions grew 56% year-over-year in FY 2022 4Q 2022 Run-rate operating expenses 1 of $25.4 million, down ~$9 million year-over-year 4Q 2022 Net lo
Talkspace Inc. reported its fourth quarter and full year results for 2022, highlighting a 56% increase in B2B sessions. Operating expenses were significantly reduced by around $9 million. However, the company reported a net loss of $18.3 million in the fourth quarter, which demonstrates ongoing challenges despite growth in certain segments. For FY 2023, Talkspace anticipates revenue between $125 million and $135 million while continuing to manage its cost structure.
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Talkspace Announces Jon Cohen, M.D. As Next Chief Executive Officer
Talkspace Announces Jon Cohen, M.D. As Next Chief Executive Officer
Seasoned Healthcare Executive Will Continue to Scale Company's B2B Platform and Expand Member Base
NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Talkspace (NASDAQ: TALK), a leading online behavioral health care c
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Talkspace Reports 2022 Third Quarter and Nine Months Results Strong acceleration in B2B revenue growth Added ~9 million eligible lives and 10 new enterprise accounts in the quarter Meaningful actions taken to reduce oper
Talkspace Reports 2022 Third Quarter and Nine Months Results
Strong acceleration in B2B revenue growth
Added ~9 million eligible lives and 10 new enterprise accounts in the quarter
Meaningful actions taken to reduce operating expense run-rate and drive efficiencies
NEW YORK,
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Talkspace Reports 2022 Second Quarter and First Half Results Second quarter and first half performance reflected strong B2B revenue growth Continued improvement in B2C operating performance and profitability Lowest quart
Talkspace Reports 2022 Second Quarter and First Half Results
Second quarter and first half performance reflected strong B2B revenue growth
Continued improvement in B2C operating performance and profitability
Lowest quarterly operating expense run-rate in the last four quarters
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Talkspace Reports 2022 First Quarter Results Revenue grew 11% year over year to $30 million Strong growth in B2B, with sessions growing 68% and eligible lives up 54% versus the prior year B2C customer acquisition metrics
Talkspace Reports 2022 First Quarter Results
Revenue grew 11% year over year to $30 million
Strong growth in B2B, with sessions growing 68% and eligible lives up 54% versus the prior year
B2C customer acquisition metrics demonstrated improvement quarter-over-quarter
NEW YORK,
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Talkspace Reports 2021 Full Year and Fourth Quarter Results Revenue grew 49% in 2021 to $114 million, driven by continued strong B2B performance Completed B2B sessions grew 139% in 2021 versus the prior year B2B eligible
Talkspace Reports 2021 Full Year and Fourth Quarter Results
Revenue grew 49% in 2021 to $114 million, driven by continued strong B2B performance
Completed B2B sessions grew 139% in 2021 versus the prior year
B2B eligible lives increased 75% in 2021 compared to the prior year
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JANUARY 13TH 2022 Talkspace: Accessible, High-Quality Mental Healthcare Doug Braunstein, Interim CEO Jennifer Fulk, CFO 40th Annual J.P. Morgan Healthcare Conference Talkspace, Inc. (the “Company”) reports
JANUARY 13TH 2022 Talkspace: Accessible, High-Quality Mental Healthcare Doug Braunstein, Interim CEO Jennifer Fulk, CFO 40th Annual J.P. Morgan Healthcare Conference
Talkspace, Inc. (the Company ) reports its financial results in accordance with U.S. generally accepted accountin
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Talkspace Announces CEO Transition Plan Co-Founders Oren and Roni Frank Step Down from the Company and the Board Chairman Douglas Braunstein Named Interim CEO Board Initiates CEO Search to Identify Successor
Talkspace Announces CEO Transition Plan
Co-Founders Oren and Roni Frank Step Down from the Company and the Board
Chairman Douglas Braunstein Named Interim CEO
Board Initiates CEO Search to Identify Successor
NEW YORK, November 15, 2021 (BUSINESS WIRE) -- Talkspace, Inc. (Nasd
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Talkspace Reports Third Quarter 2021 Financial Results Net Revenue grew 23% year-over-year to approximately $26 million, driven by continued strong momentum in B2B B2B eligible lives and completed B2B sessions grew 92% a
Talkspace Reports Third Quarter 2021 Financial Results
Net Revenue grew 23% year-over-year to approximately $26 million, driven by continued strong momentum in B2B
B2B eligible lives and completed B2B sessions grew 92% and 96%, respectively, versus the prior-year period
Active
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Talkspace Reports Second Quarter 2021 Results Q2 Net revenue grew 73% year-over-year to approximately $31 million Q2 Total active members grew more than 40% year-over-year to approximately 61,500 Reaffirm FY 2021 Net rev
Talkspace Reports Second Quarter 2021 Results
Q2 Net revenue grew 73% year-over-year to approximately $31 million
Q2 Total active members grew more than 40% year-over-year to approximately 61,500
Reaffirm FY 2021 Net revenue guidance, expecting 64% year-over-year growth
NEW Y
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have the meanings ascribed to them in the Current Report on Form 8-K (the Form 8-K ) filed with the Securities and Exchange Commission (the SEC ) on
UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION
Capitalized terms used but not defined in this Exhibit 99.1 have the meanings ascribed to them in the Current Report on Form
8-K (the Form 8-K ) filed with the Securities and Exchange Commission (the SEC ) on June 23,
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Hudson Executive Investment Corp. Stockholders Approve Business Combination with Talkspace New York
Hudson Executive Investment Corp. Stockholders Approve Business Combination with Talkspace
New York, June 17, 2021/PRNewswire/ Hudson Executive Investment Corp. ( HEIC ) (NASDAQ: HECCU, HEC, HECCW), a
special purpose acquisition company, announced that its stockholders approved
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Hudson Executive Investment Corp. Announces Filing of Definitive Proxy Statement and Sets
Hudson Executive Investment Corp. Announces Filing of Definitive Proxy Statement and Sets June 17,
2021 for Special Meeting of Stockholders to Vote on Talkspace Merger
New York, June 1, 2021 Hudson Executive Investment Corp. ( HEIC ) (NASDAQ: HECCU, HEC,
HECCW), a special purp
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Talkspace to Merge with Hudson Executive Investment Corp., Forming the Only Publicly Traded Pure Play Virtual Behavioral Health Company Talkspace targets a vast unmet need in behavioral health, improving access and outco
Talkspace to Merge with Hudson Executive Investment Corp., Forming the Only Publicly Traded Pure
Play Virtual Behavioral Health Company
New York, January 13, 2021 Talkspace, the leading digital and virtual behavioral healthcare company, and Hudson Executive
Investment Corp. (
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Hudson Executive Investment Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing on or about
Hudson Executive Investment Corp. Announces the
Separate Trading of its Class A Common Stock and Warrants, Commencing on or about July 30, 2020
NEW YORK, July 28, 2020 Hudson Executive Investment Corp. (the Company ) announced today that holders of the units sold in the
Compan
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INDEX TO FINANCIAL STATEMENTS Page Report of Independent Registered Public Accounting Firm F-2 Balance Sheet as of
INDEX TO FINANCIAL STATEMENTS
Page Report of Independent Registered Public Accounting Firm F-2 Balance Sheet as of June 11, 2020 F-3 Notes to Financial Statement F-4
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Stockholders and Board of Directors
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Hudson Executive Investment Corp. Announces Pricing of Upsized $360 Million Initial Public Offering
Hudson Executive Investment Corp. Announces Pricing of Upsized $360 Million Initial Public Offering
NEW YORK, June 9, 2020 Hudson Executive Investment Corp. (the Company ) announced today the pricing of its initial public
offering of 36,000,000 units at a price of $10.00 per un
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