Company: TEM
Filing Date: 2025-08-08
Form Type: S-3ASR
Source: 0001193125-25-175993
Chunk: 74

Company: Tempus AI, Inc.
Filing Date: 2025-08-08
Form: S-3ASR
Chunk 74
---
etermine our use of the net proceeds from this offering, our ultimate use may

5

vary substantially from our currently intended use. Investors will need to rely upon the judgment of our management with respect to the use of proceeds. Pending use, we may invest the net
proceeds from this offering in short-term, investment-grade, interest-bearing securities, such as money market accounts, certificates of deposit, commercial paper, and guaranteed obligations of the U.S. government that may not generate a high yield
for our stockholders. We may also use a portion of the net proceeds to acquire complementary businesses, products, services, or technologies, or to pay down existing or future debt obligations. If we do not use the net proceeds that we receive in
this offering effectively, our business, financial condition and results of operations and prospects could be harmed and the market price of our Class A common stock could decline.

You will experience immediate and substantial dilution in the net tangible book value of the shares of Class A common stock you purchase in this offering.

The shares of Class A common stock sold in this offering, if any, will be sold from time to time at various prices.
However, we anticipate the offering price of our Class A common stock will be substantially higher than the net tangible book value per share of our Class A common stock immediately after this offering. After giving effect to the sale of
shares of our Class A common stock in the aggregate amount of $500,000,000 at an assumed public offering price of $54.89, which was the last reported sale price of our Class A common stock on the Nasdaq Global Select Market on August 1,
2025, our as adjusted net tangible book value as of June 30, 2025 would have been approximately $80.8 million, or approximately $0.44 per share. This represents an immediate increase in as adjusted net tangible book value of approximately $2.77
per share to the existing holders of our Class A common stock and an immediate dilution in as adjusted net tangible book value of approximately $54.45 per share to purchasers of our Class A common stock in this offering. The actual
amount of dilution to investors in this offering will depend on the sales price at which we sell shares of our common stock and our net tangible book value per share at the of any sale.

We do not intend to pay dividends for the foreseeable future and, as a result, your ability to achieve a return on your investment will depend on appreciation in the price of our