SPAC · Merger completed
Oaktree Acquisition Corp.
Business combination with Hims, Inc.
Oaktree Acquisition Corp. is a blank-check company (SPAC) that raised $175M in its initial public offering on Jul 19, 2019, listing on New York Stock Exchange. It completed its business combination with Hims, Inc. on Jan 20, 2021; the combined company is Hims & Hers Health, Inc. (HIMS). Kirkland & Ellis advised the SPAC and Ropes & Gray advised the underwriters on the IPO.
Hims & Hers is a multi-specialty telehealth platform connecting consumers with licensed healthcare professionals for conditions related to primary care, mental health, sexual health and dermatology. Launched in November 2017, it also offers health and wellness products across all 50 states and Washington, D.C.
- Status
- Merger completed
- IPO date
- Jul 19, 2019
- IPO size
- $175M
- IPO exchange
- New York Stock Exchange
- Target
- Hims, Inc.
- Announced
- Oct 1, 2020
- Closed
- Jan 20, 2021
- Combined company
- Hims & Hers Health, Inc. (HIMS)
- SPAC counsel (IPO)
- Kirkland & Ellis and Walkers
- Underwriters' counsel (IPO)
- Ropes & Gray
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jul 19, 2019
- Deal announcement (8-K) Oct 1, 2020
- Press release
- All filings on EDGAR CIK 1773751
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