Hims & Hers Raises $350M Through Convertible Notes
Telehealth company Hims & Hers has priced a significant $350 million offering of senior convertible notes due in 2032 with a zero percent coupon rate. This strategic financing move reflects the company's aggressive expansion plans and technological investments as it continues competing in the rapidly growing digital health sector.
The capital raised will support multiple growth initiatives. The company plans to allocate funds toward international expansion, accelerating its presence beyond the United States market where competition has intensified. Additionally, the proceeds will fund the acquisition of Eucalyptus, a healthcare technology company that strengthens Hims & Hers' capabilities.
MA
Tuesday, May 19, 2026 at 9:00 AM
0
0
0
2