Hims & Hers enters $400M receivables purchase facility with JPMorgan, 364-day term

Hims & Hers Health, Inc.

Receivables Purchase Agreement allows sale of eligible receivables up to $400M outstanding.
Facility is uncommitted; JPMorgan may decline any purchase in its sole discretion.
Initial term of 364 days, extendable by mutual written agreement for up to one year each time.
Hims & Hers provides a performance undertaking for the sellers, but not a collectibility guarantee.
Credit Agreement amended to permit the RPA and add a $400M indebtedness basket.

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