Tempus AI, Inc. - 8-K Filing
Tempus AI issued $460 million aggregate principal amount of 0.00% Convertible Senior Notes due 2032 in a private offering, including the exercise of an additional $60 million option by initial purchasers. The notes are convertible into common stock at an initial conversion price of approximately $69.26 per share and include capped call transactions to reduce potential dilution upon conversion. (Items: 1.01 Entry into a Material Agreement, 1.02 Termination of a Material Definitive Agreement, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, 3.02 Unregistered Sale of Equity Securities)
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