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

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.”

Source: CNBC