Form 4: Tempus AI Executes Transactions in Personalis, Inc. Stock and Warrants

Tempus AI, a 10% owner of Personalis, Inc., reports acquiring and disposing of common stock and warrants in Personalis on August 16, 2024.

Summary

• On August 16, 2024, Tempus AI, Inc., a 10% owner of Personalis, Inc. (PSNL), engaged in transactions involving Personalis' common stock and warrants.
• Tempus AI disposed of 4,609,400 shares of common stock at $1.50 and another 4,609,400 shares at $2.50.
• Tempus AI acquired 3,500,000 shares of common stock at $5.07.
• Following these transactions, Tempus AI holds 12,718,800 shares of Personalis common stock.
• Tempus AI also disposed of warrants to purchase 4,609,400 shares of common stock at an exercise price of $1.50 and warrants to purchase 4,609,400 shares of common stock at an exercise price of $2.50.
• After the transactions, Tempus AI holds no warrants.

Sentiment

Score: 5

Explanation: The document is a factual report of transactions. The sentiment is neutral as it simply describes the buying and selling activity of a major shareholder.

Industry Context

This Form 4 filing indicates significant trading activity by a major shareholder, Tempus AI, in Personalis, Inc. Understanding the reasons behind these transactions requires further investigation into the relationship between the two companies and the broader market conditions.

Related Party Transactions

• The Reporting Person acquired the warrants as partial consideration for its obligations to the Issuer under that certain Commercialization and Reference Laboratory Agreement, dated November 25, 2023, between the Issuer and the Reporting Person.

Stakeholder Impact

• The transactions by Tempus AI could influence the market's perception of Personalis, Inc., potentially affecting shareholder value.
• The change in ownership stake may impact the strategic relationship between Personalis and Tempus AI.

Key Dates