Hims, a direct-to-consumer health company, is going public via SPAC

CNBC October 1, 2020
Christina Farr

Key Points

– Hims is a direct-to-consumer company selling health products and services targeted at millennials.

– The company, which operates both men’s and women’s brands and is sometimes called Hims & Hers, will raise $280 million through a merger with a SPAC sponsored by Oaktree Capital Management.

– Once the transaction is completed, the company will be traded on NYSE under the symbol “HIMS.”

Hims, Inc., a direct-to-consumer company that sells health products and services targeted at millennials, is going public just three years after it got its start.

The company, which operates both men’s and women’s health brands and is sometimes called Hims & Hers, is merging with a special purpose acquisition company (SPAC) sponsored by investment...

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