Bitcoin Surge Semler’s $85M Offering

Semler Scientific Upsizes Convertible Notes Offering to $85 Million

• Semler Scientific increased its convertible senior notes offering from $75 million to $85 million.
• An option for initial purchasers to buy an additional $15 million in notes was granted.
• The notes have a 4.25% interest rate and are due in 2030, with payments starting August 1, 2025.
• The conversion price is set at $76.44 per share, a 25% premium over the last reported stock price.
• Gross proceeds are expected to be approximately $89.0 million, with net proceeds of about $81.4 million.

Semler Scientific has expanded its convertible senior notes offering to $85 million, granting an option for an additional $15 million purchase. The company expects gross proceeds of approximately $89.0 million, supporting its Bitcoin investment strategy.