ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.
Oaktree Acquisition Corp

Oaktree Acquisition Corp (OAC)

16.38
0.00
(0.00%)
Closed May 25 4:00PM
0.00
0.00
(0.00%)

Professional-Grade Tools, for Individual Investors.

OAC News

Official News Only

OAC Discussion

View Posts
TallTrader TallTrader 3 years ago
Investor presentation

https://www.sec.gov/Archives/edgar/data/1773751/000119312520260568/d74354dex992.htm
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
But it does allow us to expand and grow into new businesses, too, including into big categories like sleep, infertility, diabetes and other chronic conditions.

TC: What about acquisitions?

AD: Weโ€™ll keep an eye open for strategic opportunities and consolidation opportunities. More than a dozen businesses a month come to us to be consolidated into the brand, but generally speaking, weโ€™ve had the belief that so much is in front of us that we donโ€™t want to be distracted.
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
As of last quarter, the business was growing 90% year-over-year, with 76% gross margins and greater cash efficiency, and thatโ€™s because as we provide more offerings, there is more cross-purchasing. Also, word of mouth is becoming more of a dynamic, with more than 50% of the traffic to the site free at this point because we have built a brand with a young demographic.
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
TC: Youโ€™re a Bay Area-based company selling to a mostly U.S. audience. How are you thinking about expanding that footprint geographically?

AD: We do have a small operation selling in the U.K.; weโ€™re getting our feet wet in that market and building out a team and infrastructure and fulfillment. If you look at the regulatory landscape, thereโ€™s a huge amount of room [to grow] in Europe, Australia, Canada, the Middle East and Asia, and so in that order, weโ€™ll start to [move into those markets].
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
On the contrary, Dudum says that while Hims might have once imagined a traditional IPO, it decided to go the special purpose acquisition company (SPAC) route because of their pricing mechanisms and because it was approached by a SPAC led by renowned money manager Howard Marks, the founder of the global alternative investment firm Oaktree Capital Management. (โ€œWe fell in love with the Oaktree team and the capital market experience and deep resources they have.โ€)
๐Ÿ‘๏ธ0
OldJames OldJames 3 years ago
Steady climber
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
25 pre merger than big pop!
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
Pop to $25 upcoming
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
Loading up here!
๐Ÿ‘๏ธ0
jalive jalive 3 years ago
Looking forward to January 19th voting. Giving a BIG OK for the Hims & Hers merger
๐Ÿ‘๏ธ0
OldJames OldJames 3 years ago
nice. Gonna be a big mover post merger. Iโ€™m just sitting patiently and waiting.
๐Ÿ‘๏ธ0
Nascarrat Nascarrat 3 years ago
Grabbing these 12.40ssss
๐Ÿ‘๏ธ0
OldJames OldJames 3 years ago
Joined the party today
๐Ÿ‘๏ธ0
OldJames OldJames 4 years ago
I donโ€™t see warrants for this one, whatโ€™s the symbol? TIA
๐Ÿ‘๏ธ0
ranchhand71 ranchhand71 4 years ago
buy the stock or warrants?
๐Ÿ‘๏ธ0
Ecomike Ecomike 4 years ago
Good call in June on OAC.

It has done well.
๐Ÿ‘๏ธ0
tyhub tyhub 4 years ago
In at 10.79.

Ty...
๐Ÿ‘๏ธ0
freddie me freddie me 4 years ago
https://www.crunchbase.com/organization/hims
๐Ÿ‘๏ธ0
freddie me freddie me 4 years ago
https://www.forhims.com/about
๐Ÿ‘๏ธ0
freddie me freddie me 4 years ago
https://www.forhims.com/
๐Ÿ‘๏ธ0
freddie me freddie me 4 years ago
https://www.bloomberg.com/news/articles/2020-08-07/hims-said-in-talks-to-go-public-via-oaktree-blank-check-company
๐Ÿ‘๏ธ0
Golden Cross Golden Cross 4 years ago
$OAC waiting zone!
๐Ÿ‘๏ธ0
paideia paideia 4 years ago
So, now the question up for discussion is... what is OAC going to be spending their $200MM on? And will the first acquisition raise the share price?
๐Ÿ‘๏ธ0

Your Recent History

Delayed Upgrade Clock