{"id":9471,"date":"2025-01-24T10:01:48","date_gmt":"2025-01-24T10:01:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9471"},"modified":"2025-01-24T10:01:48","modified_gmt":"2025-01-24T10:01:48","slug":"semler-scientific-tumbles-after-market-close-on-75m-convertible-note-offering-earnings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/semler-scientific-tumbles-after-market-close-on-75m-convertible-note-offering-earnings\/","title":{"rendered":"Semler Scientific Tumbles After Market Close on $75M Convertible Note Offering, Earnings"},"content":{"rendered":"<div>\n<p>The analyst who wrote this piece owns shares of Semler Scientific (SMLR).<\/p>\n<p>Medical-devices maker Semler Scientific (SMLR) tumbled as much as 15% after the close of U.S. trading on Thursday after saying it plans to sell $75 million of <a href=\"https:\/\/ir.semlerscientific.com\/news-releases\/news-release-details\/semler-scientificr-announces-proposed-private-offering-750\" target=\"_blank\">convertible senior notes<\/a> and will use some of the funds to add to its bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>) holdings.<\/p>\n<p>The shares dropped as low as $51 as the company also said <a href=\"https:\/\/ir.semlerscientific.com\/news-releases\/news-release-details\/semler-scientificr-announces-select-preliminary-unaudited-fourth\" target=\"_blank\">fourth-quarter revenue<\/a> rose 3.3% to $12.5 million and income from operations added 8.8% to $3.7 million. The unrealized gain from the change in fair value of bitcoin holdings was about $29 million. <\/p>\n<p>A portion of the proceeds from the note sale, which includes an option for another $15 million, will be used to fund capped-call transactions to offset stock dilution from a potential note conversion, the company said. <\/p>\n<p>The notes mature in 2030, with interest paid semiannually. They can be converted into cash, company stock or both. Full terms of the offering have not been released.<\/p>\n<p>As of Jan. 17, Semler Scientific held 2,321 BTC, with an aggregate purchase price of $191.9 million and an average price of $82,689.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The analyst who wrote this piece owns shares of Semler Scientific (SMLR). Medical-devices maker Semler Scientific (SMLR) tumbled as much as 15% after the close of U.S. trading on Thursday after saying it plans to sell $75 million of convertible senior notes and will use some of the funds to add to its bitcoin (BTC) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9471","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/posts\/9471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/comments?post=9471"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/posts\/9471\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/media?parent=9471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/categories?post=9471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/wp-json\/wp\/v2\/tags?post=9471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}