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Hudson Executive Investment Corp. Stockholders Approve Business Mixture with Talkspace

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NEW YORK, June 17, 2021 /PRNewswire/ — Hudson Executive Investment Corp. (“HEIC”) (NASDAQ: HECCU, HEC, HECCW), a distinctive function acquisition business, announced that its stockholders permitted all the proposals relevant to the earlier announced business enterprise combination with Talkspace. At a special assembly of HEIC stockholders held now, close to 94.51% of the votes solid, representing roughly 74.05% of HEIC’s outstanding shares, voted to approve the enterprise combination with Talkspace. A Variety 8-K disclosing the comprehensive voting outcomes is predicted to be filed with the Securities and Trade Commission (“SEC”) these days.

(PRNewsfoto/Talkspace)

(PRNewsfoto/Talkspace)

The closing of the organization mixture is anticipated to consider place on June 22, 2021, matter to the fulfillment or waiver of selected customary closing circumstances. The mixed company will be renamed Talkspace Inc., and its common stock and warrants are predicted to commence trading on the Nasdaq Stock Market (the “Nasdaq”) beneath the ticker symbols, “Converse” and “TALKW,” respectively, on June 23, 2021.

About Talkspace‍

Talkspace is a main digital actions healthcare organization enabled by a goal-crafted technological innovation platform. As a digital healthcare business, all care is shipped by an simple-to-use and entirely encrypted website and mobile platform, dependable with HIPAA and other state regulatory demands.

Today, the need to have for care feels additional urgent than at any time. When seeking therapy, whether it is psychiatry or adolescent, personal or couples treatment, Talkspace provides treatment method solutions for nearly each individual require. With Talkspace, members can mail their committed therapists text, video, and voice messages whenever, from any place, and have interaction in are living video clip periods. As of May 2021, in excess of 2 million people have utilized Talkspace, and more than 55 million lives were covered for Talkspace as a result of coverage and personnel aid systems or other network behavioral overall health paid advantage applications.

About Hudson Government Financial investment Corp.

Hudson Government Expenditure Corp. is a Special Goal Acquisition Business formed by Hudson Government Funds LP (HEC), Douglas L. Braunstein, and Douglas G. Bergeron. Mr. Braunstein is founder and co-managing associate of HEC and the former CFO and Vice Chairman of JP Morgan. Mr. Bergeron is co-handling partner of HEC and the former Chairman and CEO of VeriFone, Inc. For a lot more info, pay a visit to: https://hudsoninvestcorp.com/. HEIC’s securities are traded on the Nasdaq Capital Industry underneath the ticker symbols HECCU, HEC and HECCW.

Contacts

For Media:
SKDK
John Kim
310-997-5963
[email protected]

For Investors:
Westwicke, an ICR Firm
Bob East / Jordan Kohnstam
443-213-0500
[email protected]

Ahead Seeking Statements

This push release is made up of specified forward-seeking statements in just the indicating of the federal securities legal guidelines with respect to the proposed organization combination concerning Talkspace and HEIC, like statements with regards to the predicted gains of the organization combination, the expected timing of the organization mix, the companies made available by Talkspace and the marketplaces in which it operates, and long term financial issue and effectiveness of Talkspace and predicted financial impacts of the small business mix (together with future profits, pro forma company worth and funds stability), the pleasure of closing circumstances to the organization mix, the PIPE transaction, and the level of redemptions of HEIC’s public stockholders. These ahead-searching statements typically are discovered by the words and phrases “think,” “challenge,” “anticipate,” “foresee,” “estimate,” “intend,” “strategy,” “long run,” “prospect,” “plan,” “might,” “ought to,” “will,” “would,” “will be,” “will continue on,” “will probably end result,” and comparable expressions. Forward-wanting statements are predictions, projections and other statements about upcoming activities that are based mostly on present expectations and assumptions and, as a consequence, are subject matter to hazards and uncertainties. Many elements could trigger precise potential functions to vary materially from the ahead-hunting statements in this push launch, including but not restricted to: (i) the hazard that the organization mixture may not be concluded in a timely manner or at all, which may adversely have an affect on the cost of HEIC’s securities, (ii) the chance that the business mix might not be done by HEIC’s business mixture deadline and the possible failure to receive an extension of the enterprise mixture deadline if sought by HEIC, (iii) the failure to fulfill the problems to the consummation of the organization mixture, which includes the approval of the merger arrangement by the stockholders of HEIC, the gratification of the bare minimum believe in account sum next redemptions by HEIC’s general public stockholders and the receipt of specific governmental and regulatory approvals, (iv) the deficiency of a 3rd occasion valuation in analyzing no matter if or not to go after the business mixture, (v) the occurrence of any occasion, adjust, or other circumstance that could give increase to the termination of the merger settlement, (vi) the influence of the announcement or pendency of the company mixture on Talkspace’s business enterprise associations, overall performance, and enterprise frequently, (vii) hazards that the proposed enterprise blend disrupts existing designs and functions of Talkspace, (viii) the final result of any authorized proceedings that may be instituted towards Talkspace or in opposition to HEIC associated to the merger agreement or the proposed enterprise mix, (ix) the skill to manage the listing of HEIC’s securities on the Nasdaq, (x) the risk that the selling price of HEIC’s securities may well be unstable owing to a assortment of things, which include changes in the aggressive and very controlled industries in which HEIC designs to function, versions in performance across competition, improvements in rules and regulations influencing HEIC’s organization and improvements in the mixed money framework, (xi) the means to employ business ideas, forecasts, and other expectations following the completion of the proposed business mixture, and discover and know further possibilities, and (xii) the chance of downturns in the really aggressive telehealth and teletherapy markets. The foregoing listing of components is not exhaustive. You need to carefully take into account the foregoing elements and the other hazards and uncertainties explained in the “Danger Variables” part of HEIC’s Registration Statement on Kind S-4 and other files filed by HEIC from time to time with the SEC. These filings identify and deal with other vital risks and uncertainties that could induce real activities and benefits to vary materially from those contained in the ahead-seeking statements. Ahead-looking statements converse only as of the day they are built. Viewers are cautioned not to set undue reliance on ahead-hunting statements, and Talkspace and HEIC suppose no obligation and do not intend to update or revise these forward-hunting statements, whether or not as a consequence of new info, future gatherings, or otherwise. Neither Talkspace nor HEIC provides any assurance that either Talkspace or HEIC will reach its anticipations.

(PRNewsfoto/Hudson Executive Investment Corp. III)

(PRNewsfoto/Hudson Government Financial investment Corp. III)

Cision

Cision

See initial articles to download multimedia:http://www.prnewswire.com/information-releases/hudson-executive-financial commitment-corp-stockholders-approve-small business-mixture-with-talkspace-301314866.html

Resource Hudson Executive Investment Corp.

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