Hudson Executive Investment Corp. (NASDAQ: HEC) is a special purpose acquisition company that raised $414 million in a June 2020 initial public offering.
On January 13, 2021 Hudson Executive Investment Corp announced that it had entered into a definitive merger agreement with Talkspace, the leading digital and virtual behavioral healthcare company. The combined company will operate as Talkspace and intends to be listed on NASDAQ under the symbol “TALK”. The transaction values Talkspace at an initial enterprise value of $1.4 billion and will provide the company with $250 million of cash, to be used as growth capital.
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