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4 takeaways from Talkspace’s plans to go public in $1.4B blank-check deal
The digital therapy provider plans to go public through a blank-check acquisition by Hudson Executive Capital. The deal would value Talkspace at $1.4 billion and provide $250 million in capital.
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Digital therapy startup Talkspace plans to go public in a blank-check deal that would value the company at $1.4 billion. The company, founded in 2012 by husband-and-wife team Oren and Roni Frank, lets users text or video chat with therapists.
The company will go public through a merger with a subsidiary of Hudson Executive Capital, the firm founded by former J.P. Morgan CFO Doug Braunstein. It will be listed on Nasdaq under ‘TALK’.