Talkspace
Also: Butterfly Network reports a year-over-year revenue increase of more than 25%, with a $44.5 million net loss, and One Medical announces a significant jump in revenue.
This new rollout comes after Talkspace acquired self-guided app Lasting in 2020.
The class action lawsuit alleges a proxy statement provided to investors before the merger misrepresented the company's financial performance and prospects.
The resignation comes a week after the company announced its cofounders were leaving their roles.
Also: Cleo taps new VP of Product, Komodo Health names CRO, Talkspace welcomes former Eli Lilly exec and Zipari adds to C-suite.
Also: Maven welcomes its first CMO, Flume Health adds Haven alum as COO and Nexben hires CTO.
The opening day stock prices are listed at $8.90 and the deal is expected to give Talkspace $250 million in growth capital.
After some called 2020 the “biggest year for IPOs,” analysts predicted the wave of digital health public offerings to last into the new year.
The grants total nearly $7 million and support investigational partnerships between Talkspace, the University of Washington and Mental Health America.
Also: Another smart-mirror workout joins the fray, and Kroger Health launches a back-to-work COVID-19 testing program with telehealth support.