Tempus Announces Pricing of Upsized Offering of $400.0 Million of Convertible Senior Notes
Tempus AI, Inc. has priced an upsized offering of $400.0 million in convertible senior notes due 2032 in a private placement to qualified institutional buyers.
CHICAGO–(BUSINESS WIRE)–Tempus AI, Inc. (“Tempus”) (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, today announced the pricing of $400.0 million aggregate principal amount of 0.00% Convertible Senior Notes due 2032 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The ag