Telemedicine startup Hims closing in on deal to go public: 4 details 

Hims, a direct-to-consumer telemedicine startup, is close to securing a deal to go public through a merger with Oaktree Acquisition Corp, according to a Sept. 25 Bloomberg report..

Four information:.

Jackie Drees –
Tuesday, September 29th, 2020
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1. Individuals acquainted with the deal told the publication that the deal could be revealed within the next week and would position Hims worth at around $1.6 billion..

2. Oaktree, a special purpose acquisition company, plans to raise about $75 million to assist money the merger deal..

Hims launched in 2017 with a value of around $1.1 billion. The company offers guys doctor consultations through telehealth for health issues including hair loss.

4. Hims has raised $197 million from investors to date. In July, the telehealth business partnered with pop star Jeniffer Lopez and her future husband, former New York Yankees player Alex Rodriguez to promote Hims healthcare and mental health services amongst underserved neighborhoods..

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Hims introduced in 2017 with a value of around $1.1 billion. The company offers men doctor assessments through telehealth for health issues including hair loss. Hims has actually raised $197 million from investors to date. © Copyright ASC COMMUNICATIONS 2020.

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