Oaktree Acquisition in an 8-K filing said its shareholders voted in favor of the business combination with healtchare platform Hims & Hers in a near-unanimous vote.
The transaction is expected to close today.
Oaktree in the filing did not say whether or how many redemptions were made in connection with the vote. Nearly 65 percent of eligible shares were voted.
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. Read more.
