Personalis, Inc. PSNL
Tempus AI, Inc. is buying Personalis, Inc. (PSNL), paying holders in stock. develops, markets, and sells advanced cancer genomic testing services used by physicians and pharmaceutical companies.
Filed
The deal
Tempus AI, Inc. is acquiring Personalis, Inc. (PSNL), which develops, markets, and sells advanced cancer genomic testing services used by physicians and pharmaceutical companies. Each holder receives 0.3356 shares of Tempus Class A Common Stock if Tempus Stock Price ≤ $48.42, or $16.25 divided by Tempus Stock Price if Tempus Stock Price > $48.42, with potential for up to 50% to be paid as $16.25 in cash per share.
The deal requires HSR Act waiting period expiry or termination, approval of holders of majority of outstanding Personalis Common Stock, absence of material legal restraints, and accuracy of representations and warranties. The vote is scheduled for November 30, 2026, and the expected close is not stated.