Freenome Holdings, Inc. announced that it will issue 36,493,093 Series F Preferred Stock at an issue price of $7.39866 per share for gross proceeds of $269,999,987.45538 on January 26, 2024. The preferred share have a par value of $0.0001 per share. The shares are non-redeemable.

The shares carry non-cumulative, and participating fixed dividend rate of 6% per share. The securities will be convertible into common shares at a fixed conversion price of $7.39866 per share.