Company: TEM
Filing Date: 2025-02-25
Form Type: S-1
Source: 0001193125-25-034442
Chunk: 46

Company: Tempus AI, Inc.
Filing Date: 2025-02-25
Form: S-1
Chunk 46
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 immediate family members, as applicable. Pursuant to the terms of our Series G-4preferred stock, in connection with our IPO, each share of Series G-4preferred stock converted into a number of shares of our Class A common stock equal to (i) $57.3069 per share, plus any accrued and unpaid dividends on such share, divided by $31.45, which represented 85% of the public offering price in our IPO. The holders of our Series G-4convertible preferred stock were entitled to paid-in-kinddividends at a rate of 5.25% of the original issue price, payable in shares of Series G-4convertible preferred stock. In addition, in July 2024 we paid an aggregate of approximately $2.3 million to former holders of Series G-4preferred stock because pursuant to the terms of the Series G-4preferred stock, each holder was entitled to an amount equal to 5% of the per share price for each share of Series G-4preferred stock purchased by such holder, in the event that following our IPO, the average of the last trading price on each trading day during the ten day trading period beginning on the first day of trading of 30

our Class A common stock is less than 110% of the price per share of Class A common stock sold in our IPO. The holders of our Series G-4preferred stock listed below are entitled to specified registration rights. See the section titled “Description of Securities—Registration Rights” for additional information regarding these registration rights.

| Participants                       |     | Number of Series     
 G-4 Shares           
 Originally Purchased |         |     | Aggregate      
 Purchase Price |               |
|:-----------------------------------|:----|:---------------------|--------:|:----|:---------------|--------------:|
| Scottish Mortgage Investment Trust 
 plc(1)                             |     |                      | 348,998 |     | $              | 19,999,993.49 |

| (1) | Scottish Mortgage Investment Trust plc is controlled by Baillie Gifford & Co., a holder of more 
 than 5% of our capital stock.                                                                   |

Cash Dividend Payment On June 4, 2024, we paid an aggregate of approximately $5.6 million of accrued and unpaid cash dividends in respect of certain shares of our convertible preferred stock. Of this amount, approximately $5.3 million was paid to entities controlled by Mr. Lefkofsky and approximately $67