Semler Scientific® Announces Pricing of Upsized Offering of $85.0 Million Convertible Senior Notes
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Semler Scientific, Inc. has announced the pricing of an upsized offering of $85 million in convertible senior notes due 2030, with a 4.25% interest rate. The offering is targeted at qualified institutional buyers under Rule 144A.
January 24, 2025 | 12:15 pm
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Semler Scientific has priced an $85 million offering of convertible senior notes due 2030 at a 4.25% interest rate. This move is aimed at raising capital from institutional investors.
The issuance of convertible notes suggests Semler Scientific is raising capital, which could be used for growth or debt management. The market may view this as a positive step towards financial strengthening, potentially boosting investor confidence.
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