Oaktree Amends Proxy on Hims & Hers Merger Deal

Oaktree Acquisition today filed an amended proxy outlining newly registered shares in connection with the SPAC’s pending merger with Hims & Hers, a telemedicine company.

The combined company is expected to have an implied initial enterprise value of approximately $1.6 billion, and an estimated $330 million in cash after closing.

A shareholder vote is expected by year’s end, although the amended proxy does not cite a specific date. Read more.

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