Company: TALK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000950170-25-106018
Chunk: 10

Company: Talkspace, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1A
Chunk 10
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In addition to the other information set forth in this Quarterly Report, you should carefully consider the factors discussed under Part I, Item 1A. “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. These factors could materially adversely affect our business, financial condition, liquidity, results of operations and capital position, and could cause our actual results to differ materially from our historical results or the results contemplated by any forward-looking statements contained in this Quarterly Report. During the six months ended June 30, 2025, there were no material changes to the information contained in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2024.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

Below is a summary of share repurchases for the three months ended June 30, 2025. See Note 7, “Capital Stock” in the Notes to the Condensed Consolidated Financial Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q, as well as the section entitled “Liquidity Capital Resources-Share Repurchase Program” in Part I, Item 2 of this Quarterly Report on Form 10-Q for information regarding our share repurchase program.

     Period
      
     Total Number of Shares Purchased

     Average Price Paid Per Share

     Total Number of Shares Purchased as Part of Publicly Announced Programs

     Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program                             (In Thousands) (1)

     April 1 - 30

     541,268

     $
      
     2.62

     541,268

     $
      
     20,632

     May 1 - 31

     —

     —

     —

     —

     June 1 - 30

     —

     —

     —

     —

     Total

     541,268

     541,268

(1)$20.6 million remained available for share repurchases under the Share Repurchase Program as of June 30, 2025.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

No directors or officers, as defined in Securities Exchange Act Rule 16a-1(f), adopted, modified, or terminated a “Rule 10