10:49 AM EDT, 05/08/2025 (MT Newswires) -- Hims & Hers Health ( HIMS ) said Thursday it plans to offer $450 million of convertible senior notes due 2030 in a private offering to institutional investors.

The company said it would grant the initial buyers an option to purchase up to an additional $67.5 million of the notes.

The company said it plans to use the proceeds for general corporate purposes, including accelerating global expansion.

Price: 51.58, Change: -0.77, Percent Change: -1.47