Semler Scientific Inc (NASDAQ:SMLR), a medical technology company, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: BTC).
What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes due 2030, according to the company’s press release.
The offering, initially set at $75 million, was increased due to strong investor interest.
The notes will be convertible into Semler’s common stock at an initial conversion price of approximately $76.44 …Full story available on Benzinga.com
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