secwatch.observer — SEC 8-K summary
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Issuer:     Tempus AI, Inc. (TEM)
CIK:        0001717115
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001193125-25-019313
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tempus AI borrows $300M to fund Ambry Genetics acquisition – term loans and revolver
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- Borrowed $200M in incremental term loans and $100M in revolving loans on Feb 3, 2025.
- Proceeds used to partly fund the Ambry Genetics acquisition announced Nov 4, 2024.
- New term loan and ABL facilities mature Feb 3, 2030; existing term loans mature Sept 2027.
- Term loans accrue interest at base rate + 6.25% or SOFR + 7.25% (cash); revolver at base + 2.75% or SOFR + 3.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1717115/000119312525019313/0001193125-25-019313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1717115/000119312525019313/d843563d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-019313

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer