Hims & Hers Health, Inc. - 8-K Filing on Debt Financing

Hims & Hers Health, Inc. has entered into a purchase agreement for the sale of 0.00% Convertible Senior Notes due 2032. The offering was made to qualified institutional buyers and included an option for the initial purchasers to buy additional notes, which was exercised in full. The company also entered into capped call transactions to mitigate potential dilution from the notes. The notes are senior unsecured obligations and will mature in 2032, with conversion options available under certain conditions. The company has the option to redeem the notes under specific circumstances, and noteholders have the right to require repurchase upon a fundamental change.