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  "documentTitle": "Hims & Hers Health, Inc. (HIMS)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2023-07-13 00:00:00",
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  "notes": "Uses red boxes to highlight specific markets (UK, Indonesia) that contradict HIMS' growth narrative.",
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      "text": "We believe HIMS does little more than breathless hand-waving when it comes to the potential international TAM for its offering. At present, HIMS' only international presence is in a country (the UK) where the Company's biggest seller (ED medication) is already available over the counter.",
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      "text": "We believe HIMS does little more than breathless hand-waving when it comes to the potential international TAM for its offering.",
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      "text": "HIMS International TAM Representation",
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      "text": "Indonesia bans sex outside of marriage: Will new laws affect tourists too? — Euronews",
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      "kind": "source-note",
      "text": "Source: HIMS Q4 2020 Investor Presentation, Lloydspharmacy.com, Euronews, Spruce Point red emphasis",
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      "text": "Great Britain: ED Medicine Available OTC vs Indonesia: Perfect For the 20-Something Tinder Crowd",
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      "text": "Seems Like The Perfect Fit For HIMS?",
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