Hudson Executive Investment Corp.
HECCW
NASDAQ Global Select1.35
USD
- -
- -
CIK
0001803901
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
63.29
5Y
- -
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- DE United States of America
- IPO Date
- Jul 30, 2020
- CIK
- 0001803901
- Similar Companies
- Business
- Hudson Executive Investment Corp is a special purpose acquisition company (SPAC) incorporated in 2020 and headquartered in New York, New York. The company primarily focuses on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses. It does not have significant operations of its own but operates as an investment vehicle designed to merge with or acquire other businesses. A key recent development is Hudson Executive Investment Corp's business combination with Talkspace, a leading virtual behavioral healthcare company. This transaction was completed in June 2021, creating a combined publicly traded entity named Talkspace, Inc. that trades on the Nasdaq Stock Market. Talkspace offers a technology-enabled behavioral health platform that provides virtual care services including therapy and psychiatry through text, video, and voice messaging. The partnership aims to expand Talkspace's user base, add partnerships, and grow internationally leveraging the capital and expertise brought by Hudson Executive Investment Corp. The company was formed by Hudson Executive Capital LP and its founders include Douglas L. Braunstein and Douglas G. Bergeron, who bring extensive financial and operational expertise. Its business model centers on acquiring or combining with companies in growing sectors such as digital healthcare, aiming to create value through strategic mergers and capital infusion. Hudson Executive Investment Corp's operations are primarily in the United States, and the company has facilitated strategic growth initiatives in the digital behavioral health industry through its recent combination with Talkspace. There are no significant direct product lines or services manufactured by Hudson Executive Investment Corp itself; rather, its value derives from strategic investment and merger activities with target companies like Talkspace that deliver services in their respective industries. The firm continues to focus on identifying and executing business combinations aligned with its investment mandate.