Company: TEM
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001193125-25-049935
Chunk: 47

Company: Tempus AI, Inc.
Filing Date: 2025-03-07
Form: 424B3
Chunk 47
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|:-----------------------------------|:----|:---------------------|--------:|:----|:---------------|--------------:|
| 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 $67,000 was paid to each of BK TL21 LLC and Red Sky LLC, each a holder of more than 5% of our capital stock. Investor Rights, Voting, and Right of First Refusal and Co-SaleAgreements In connection with our convertible preferred stock financings, we entered into investor rights, voting, right of first refusal, and co-saleagreements containing registration rights, information rights, voting rights, board representation rights, indemnification provisions and rights of first refusal, among other things, with certain holders of our convertible preferred stock and certain holders of our common stock, including entities affiliated with Mr. Lefkofsky, BK TL21 LLC and Red Sky LLC, each a holder of more than 5% of our capital stock. The covenants included in these stockholder agreements terminated upon the closing of our IPO, except with respect to registration rights, as more fully described in the section titled “Description of Securities—Registration Rights.” See also the section titled “Principal Stockholders” for additional information regarding beneficial ownership of our capital stock. Real Property Leases In January 2018, we entered into an office lease with a third-party landlord in connection with which Lightbank LLC was allowed to terminate its then-outstanding lease with the landlord. We received $1.5 million from Lightbank LLC to be amortized over the course of the lease, of which $0.6 million remains to be amortized as of December 31, 2024. We currently sublease a portion of this office space to Lightbank LLC, Lefkofsky Family Foundation and 346 Investment Partners, each an entity affiliated with and controlled by Mr. Lefkofsky,