🚨 $HIMS CEO ANDREW DUDUM ON SQUAWK BOX: PROPRIETARY DATA IS THE MOAT -- NOT THE MODELS "The core foundational models, independent of a closed-loop data set, are not that valuable." "When you have a healthcare system, the closed-loop data that you have within a healthcare system like Hims & Hers, *that* is the asset." "We launched our first version of this in the last couple of months, and overnight, the amount of care tasks it's handling and operational tasks it's handling far surpasses players like Sierra and others."

🚨 $HIMS CEO ANDREW DUDUM ON THE FTC LAWSUIT Dudum: "We've worked for many years with the FTC to walk them through [our digital ecosystem]. And I think ultimately they wanted more of a headline than a real agreement here." Sorkin: "We saw it early on with Uber. When you're trying to transform something, there are companies that will oftentimes either break established rules because they don't think the rules are the right rules, but they're still breaking rules. Is it different in the healthcare space? And should it be?" Dudum: "It is different. I do not think you break rules in the healthcare space. I think you need to understand the rules, and I think you need to push to the boundaries you can on behalf of consumers." "Because so much of healthcare is built in every way to financially drive value for everyone but consumers. And so I think that is a role we take, where we are active disruptors. We take that head on and we're willing to do it, but it is always when we believe it's in the best interest of people and their access."

🚨 BREAKING: $HIMS ANNOUNCES $300 MILLION CONVERTIBLE NOTES OFFERING - To support international expansion (incl. Eucalyptus acquisition), AI investments, and preserve financial flexibility - Due 2032