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  "docSlug": "747988e81365",
  "documentTitle": "Hims & Hers Health, Inc. (HIMS)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2023-07-13 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 82,
  "pageCount": 105,
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  "nextPage": 83,
  "slideType": "expose_contradiction",
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  "density": "dense",
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  "notes": "The slide uses red boxes and callouts to highlight specific misleading claims on the HIMS website.",
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      "kind": "callout",
      "text": "The top of HIMS' men's skin care page notes \"FDA-approved prescription treatments\" directly above reference to customized treatments.",
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      "kind": "callout",
      "text": "HIMS runs a pop-up for its combination finasteride + minoxidil product on its blog discussing FDA-approved hair loss treatments. On its hair loss main page, it touts \"FDA-approved treatment options\" and a picture of a man using the same product. This product is NOT FDA-approved.",
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      "kind": "callout",
      "text": "HIMS runs a pop-up for its combination finasteride + minoxidil product on its blog discussing FDA-approved hair loss treatments. On its hair loss main page, it touts “FDA-approved treatment options” and a picture of a man using the same product. This product is NOT FDA-approved.",
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      "text": "HIMS Website: Men's Hair Care",
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      "text": "HIMS Website: Men's Skin Care",
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      "kind": "paragraph",
      "text": "Despite the lack of ambiguity regarding Section 503A, we find instances on the HIMS website where the Company strongly implies that its compounded products are, in fact, FDA-approved.",
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      "kind": "source-note",
      "text": "Source: HIMS men's skincare, HIMS Blog: FDA Approved Hair Growth Products, HIMS hair loss, Spruce Point red underline emphasis",
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      "kind": "title",
      "text": "We Believe HIMS Marketing Claims Blur The Lines And May Confuse Consumers About FDA Approval",
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      "evidence": "The document presents numerous contradictions and issues with HIMS' business model, operations, and financials",
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