Oaktree Acquisition Corporation
Oaktree Acquisition Corporation ("the corporation") is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, referred to as our initial business combination. In July 2019, Oaktree Acquisition Corp. completed an IPO raising more than $201 million.
On September 30, 2020, Oaktree Acquisition Corp. entered into a merger agreement with Hims, Inc. (“Hims” or “Hims & Hers”) at an implied total enterprise value of approximately $1.6bn. Hims & Hers is a telehealth business that aspires to be the digital front door to a new kind of healthcare system. Since 2017, the Hims & Hers platform has facilitated millions of telehealth consultations in all 50 states and Washington, D.C. On January 20, 2021, the merger closed between Oaktree Acquisition Corp. and Hims & Hers, and on January 21, 2021 the combined company began trading under NYSE:HIMS.
For more information on Hims & Hers, please visit: https://investors.forhims.com/overview/default.aspx
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