---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-234847"
form_type: "8-K"
ticker: "HIMS"
cik: "0001773751"
company_name: "Hims & Hers Health, Inc."
filed_at: "2026-05-21T21:05:00+00:00"
generated_at: "2026-05-21T21:18:13.555447+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hims & Hers issues $402.5M of 0% convertible notes due 2032; enters capped calls

## Summary
- Issued $402.5M aggregate principal of 0.00% Convertible Senior Notes due June 1, 2032.
- Initial conversion rate of 33.8590 shares per $1,000 principal; conversion price ~$29.53 per share.
- Capped call transactions cost $36.7M, cap price ~$50.15 per share, to reduce dilution on conversion.
- Notes redeemable on/after June 6, 2029 if stock exceeds 130% of conversion price for specified periods.
- Offering made to QIBs under Rule 144A; potential maximum 18,057,397 shares issuable upon conversion.

## SEC filing metadata
- accession: 0001193125-26-234847
- form_type: 8-K
- ticker: HIMS
- cik: 0001773751
- company_name: Hims & Hers Health, Inc.
- filed_at: 2026-05-21T21:05:00+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1773751/000119312526234847/0001193125-26-234847-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1773751/000119312526234847/d264371d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-234847
- JSON: https://secwatch.observer/filing/0001193125-26-234847.json
- Plain text: https://secwatch.observer/filing/0001193125-26-234847.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.