|Bid||0.00 x 1300|
|Ask||0.00 x 1800|
|Day's Range||10.31 - 10.31|
|52 Week Range||9.34 - 12.98|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SOC Telemed, Inc. ("SOC"), one of the largest national providers of acute care telemedicine, today announced that it has completed its previously announced business combination with Healthcare Merger Corp. ("HCMC") (NASDAQ: HCCO), a special purpose acquisition company. The business combination was approved at a special meeting of HCMC's stockholders on October 30, 2020 and closed on October 30, 2020. The shares of Class A common stock and warrants to purchase shares of Class A common stock of SOC Telemed are expected to begin trading on the Nasdaq on November 2, 2020, under the symbol "TLMD" and "TLMDW," respectively.
SOC Telemed is going public in 2020 via a SPAC.
SOC Telemed ("SOC"), one of the largest national providers of acute care telemedicine, and Healthcare Merger Corp. ("HCMC") (NASDAQ: HCCO), a special purpose acquisition company, announced today that they have entered into a definitive agreement for a business combination. The combined company will operate as SOC Telemed and will be listed on the Nasdaq. The transaction implies an initial enterprise value for SOC of approximately $720 million.