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Hims & Hers Health (Oaktree Acquisition Corp) Priced, NYSE: HIMS

Blank check company led by the head of Oaktree Capital's Value Equities group (completed 1/20/2021).

Industry: SPAC

First Day Return: +1.3%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an acquisition opportunity in any business industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business in the industrial and consumer sectors that can benefit from our differentiated and proprietary deal flow, leading brand name and global network. Furthermore, we believe that our management team is positioned to drive ongoing value creation post-business combination, as our team has done with investments in the industrial, consumer and other sectors over time. Our sponsor is an affiliate of Oaktree, a registered investment adviser with global investment experience. As of March 31, 2019, Oaktree had approximately $119 billion in assets under management. Oaktree has focused on less efficient markets and alternative investments for over 33 years, emphasizing a value-oriented approach to deploying capital. Oaktree's Value Equities team seeks to produce superior risk-adjusted returns by investing in high-conviction private and public equity investments and has generated strong absolute and relative performance since inception. Oaktree Acquisition Corp. will be a natural extension of this team’s day-to-day business and benefit from the proprietary deal flow the team sources, both internally, from other groups across the global Oaktree platform, and externally, from our breadth of industry relationships.
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IPO Data
IPO File Date 06/28/2019
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/17/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $175
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Los Angeles, CA, United States
Founded 2019
Employees at IPO 3
Website www.oaktreecapital.com

Hims & Hers Health (Oaktree Acquisition Corp) (HIMS) Performance