Teletherapy company Talkspace hits Nasdaq after completing SPAC merger

Six months after announcing its plans for a public exit, digital mental health company Talkspace is finally hitting Nasdaq via a special purpose acquisition company (SPAC) merger with Hudson Executive Investment Corp. The deal is expected to give Talkspace $250 million of growth capital.

Founded in 2012, Talkspace offers virtual therapy. Patients are able to take an online assessment and then find a therapist that meets their needs. A user can choose from different options based on need and budget and then begin to message their therapist.