Tempus AI Enters Material Definitive Agreement
Ticker: TEM · Form: 8-K · Filed: Feb 3, 2025 · CIK: 1717115
| Field | Detail |
|---|---|
| Company | Tempus Ai, Inc. (TEM) |
| Form Type | 8-K |
| Filed Date | Feb 3, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $200.0 million, $100.0 million, $50.0 m, $50.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
Tempus AI just signed a big deal, creating a new financial obligation.
AI Summary
On February 3, 2025, Tempus AI, Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, formerly known as Tempus Labs, Inc., is incorporated in Delaware and headquartered in Chicago, Illinois.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Tempus AI, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce financial risks and operational changes that warrant careful monitoring.
Key Numbers
- 001-42130 — SEC File Number (Identifies the company's filing with the SEC.)
- 47-4903308 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Tempus AI, Inc. (company) — Registrant
- February 3, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 600 West Chicago Avenue, Suite 510, Chicago, Illinois 60654 (address) — Principal Executive Offices
- Tempus Labs, Inc. (company) — Former company name
FAQ
What type of material definitive agreement did Tempus AI, Inc. enter into?
The filing states that Tempus AI, Inc. entered into a material definitive agreement that resulted in the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 3, 2025.
What is the principal executive office address for Tempus AI, Inc.?
The principal executive office address for Tempus AI, Inc. is 600 West Chicago Avenue, Suite 510, Chicago, Illinois 60654.
What was Tempus AI, Inc. formerly known as?
Tempus AI, Inc. was formerly known as Tempus Labs, Inc.
In which state is Tempus AI, Inc. incorporated?
Tempus AI, Inc. is incorporated in Delaware.
Filing Stats: 1,585 words · 6 min read · ~5 pages · Grade level 12.5 · Accepted 2025-02-03 16:36:08
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share TEM The Nasdaq
- $200.0 million — t to, among other things, establish (i) $200.0 million in additional senior secured term loan
- $100.0 million — "Third Amendment Term Loans") and (ii) $100.0 million in priority revolving commitments (the
- $50.0 m — 0% of the Revolving Commitments and (y) $50.0 million, the amount of interest payable o
- $50.0 million — 0% of the Revolving Commitments and (y) $50.0 million (the "Minimum Revolving Interest Amount
Filing Documents
- d843563d8k.htm (8-K) — 35KB
- d843563dex101.htm (EX-10.1) — 1264KB
- 0001193125-25-019313.txt ( ) — 1670KB
- tem-20250203.xsd (EX-101.SCH) — 3KB
- tem-20250203_lab.xml (EX-101.LAB) — 18KB
- tem-20250203_pre.xml (EX-101.PRE) — 11KB
- d843563d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Third Amendment to Credit Agreement and First Amendment to Guarantee and Collateral Agreement, dated as of February 3, 2025, by and among the Company, certain subsidiaries of the Company party thereto, the lenders party thereto, Ares Capital Corporation, as administrative agent and ACF Finco I LP, as revolving agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Certain schedules and exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K. A copy of any omitted schedule and/or exhibit will be furnished to the Securities and Exchange Commission upon request.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Tempus AI, Inc. Dated: February 3, 2025 By: /s/ James Rogers James Rogers Chief Financial Officer