MobiHealth News June 23, 2021
Laura Lovett

The opening day stock prices are listed at $8.90 and the deal is expected to give Talkspace $250 million in growth capital.

Six months after announcing its plans for a public exit, digital mental health company Talkspace is finally hitting Nasdaq via a special purpose acquisition company (SPAC) merger with Hudson Executive Investment Corp. The deal is expected to give Talkspace $250 million of growth capital.

The opening day price per stock was listed at $8.90, and upon listing, the company had approximately 152 million shares outstanding.

Founded in 2012, Talkspace offers virtual therapy. Patients are able to take an online assessment and then find a therapist that meets their needs. A user can choose from different options based on...

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Topics: Digital Health, Investments, Mental Health, Provider, Technology, Trends
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