HEC - Doug Braunstein's SPAC Hudson Executive shares slide post merger approval with Talkspace
Stockholders of SPAC Hudson Executive Investment ([[HECCU]] -5.4%) has approved all the proposals related to the previously announced business combination with online therapy app Talkspace.Approximately 74.05% of HEIC's outstanding shares, voted in the favor of the business combination with Talkspace, out of total 94.51% of the votes cast. The transaction is expected to close on on June 22, 2021.The combined company will be renamed Talkspace Inc., and its common stock and warrants will trade on Nasdaq under the ticker symbols, "TALK" and "TALKW," on June 23, 2021.The deal was announced in January 2021 at an enterprise value of ~$1.4B.
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Doug Braunstein's SPAC Hudson Executive shares slide post merger approval with Talkspace