{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-118948","form_type":"8-K","ticker":"HIMS","cik":"0001773751","company_name":"Hims & Hers Health, Inc.","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.663065+00:00","generated_at":"2026-05-21T17:00:34.385613+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hims & Hers issues $1B 0% convertible notes due 2030; enters capped call transactions to reduce dilution","bullets":["$1.0B aggregate principal of 0.00% Convertible Senior Notes due 2030 issued May 13, 2025.","Initial conversion price ~$70.67 per share; conversion rate 14.1493 shares per $1,000 note.","Capped call transactions with initial cap price $89.95/share cost $47.8M to offset dilution on conversion.","Notes mature May 15, 2030; redeemable after May 19, 2028 if stock exceeds 130% of conversion price.","Initial purchasers' $130M option exercised in full on May 9, 2025, bringing total to $1.0B."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-118948","json":"https://secwatch.observer/filing/0001193125-25-118948.json","markdown":"https://secwatch.observer/filing/0001193125-25-118948.md","text":"https://secwatch.observer/filing/0001193125-25-118948.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1773751/000119312525118948/0001193125-25-118948-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1773751/000119312525118948/d921356d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T17:00:34.385613+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3fe87df7a1a969d5390782b64c01cbf7d1699f28","claim":"Hims & Hers Health, Inc. incurred convertible notes of $1.0 billion aggregate principal amount of Notes with U.S. Bank Trust Company, National Association at 0.00% maturing May 15, 2030.","evidence_excerpt":"On May 13, 2025, the Company issued $1.0 billion aggregate principal amount of Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1773751/000119312525118948/0001193125-25-118948-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1.0 billion aggregate principal amount of Notes"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"0.00%"},{"label":"Maturity","value":"May 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}