Talkspace, Inc. (TALK) has disclosed a new risk, in the Litigation & Legal Liabilities category.
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Talkspace, Inc. may face securities class action and derivative lawsuits in connection with the proposed Merger, with plaintiffs potentially seeking monetary damages or court orders to block the transaction. Such litigation could be costly, divert management’s focus from operations, delay or prevent consummation of the Merger, and materially harm its business, results of operations, and financial condition.
The average TALK stock price target is $5.92, implying 15.18% upside potential.
To learn more about Talkspace, Inc.’s risk factors, click here.