Stock Track | Semler Scientific Plunges 13% as Convertible Debt Offering Stokes Dilution Fears

Stock Track

Jan 24, 2025

Semler Scientific, Inc. (SMLR) faced a significant 13% plunge in its stock price during Friday's pre-market trading session, underperforming the broader market. The healthcare technology firm's shares took a hit following the announcement of an upsized $85 million convertible senior notes offering, raising concerns about potential equity dilution.

The company revealed plans to issue the convertible notes due 2030 in a private offering to institutional buyers. While the initial offering size was set at $75 million, strong demand prompted Semler Scientific to upsize the offering to $85 million, with an option to purchase an additional $15 million worth of notes.

Investors reacted negatively to the news, as convertible debt offerings often lead to the issuance of new shares when the notes are converted, diluting existing shareholders' stakes. Additionally, Semler Scientific stated its intention to use a portion of the proceeds to fund capped call transactions and acquire bitcoin as part of its bitcoin treasury strategy, further fueling concerns about the company's capital allocation decisions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1114455650"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1114455650\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1114455650?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-24 22:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1114455650","market":"us","top_or_hot":-1,"title":"Stock Track | Semler Scientific Plunges 13% as Convertible Debt Offering Stokes Dilution Fears","media":"Stock Track","content":"<p>Semler Scientific, Inc. (SMLR) faced a significant 13% plunge in its stock price during Friday's pre-market trading session, underperforming the broader market. The healthcare technology firm's shares took a hit following the announcement of an upsized $85 million convertible senior notes offering, raising concerns about potential equity dilution.</p>\n\n<p>The company revealed plans to issue the convertible notes due 2030 in a private offering to institutional buyers. While the initial offering size was set at $75 million, strong demand prompted Semler Scientific to upsize the offering to $85 million, with an option to purchase an additional $15 million worth of notes.</p>\n\n<p>Investors reacted negatively to the news, as convertible debt offerings often lead to the issuance of new shares when the notes are converted, diluting existing shareholders' stakes. Additionally, Semler Scientific stated its intention to use a portion of the proceeds to fund capped call transactions and acquire bitcoin as part of its bitcoin treasury strategy, further fueling concerns about the company's capital allocation decisions.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Semler Scientific Plunges 13% as Convertible Debt Offering Stokes Dilution Fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Semler Scientific Plunges 13% as Convertible Debt Offering Stokes Dilution Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-24 22:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Semler Scientific, Inc. (SMLR) faced a significant 13% plunge in its stock price during Friday's pre-market trading session, underperforming the broader market. The healthcare technology firm's shares took a hit following the announcement of an upsized $85 million convertible senior notes offering, raising concerns about potential equity dilution.</p>\n\n<p>The company revealed plans to issue the convertible notes due 2030 in a private offering to institutional buyers. While the initial offering size was set at $75 million, strong demand prompted Semler Scientific to upsize the offering to $85 million, with an option to purchase an additional $15 million worth of notes.</p>\n\n<p>Investors reacted negatively to the news, as convertible debt offerings often lead to the issuance of new shares when the notes are converted, diluting existing shareholders' stakes. Additionally, Semler Scientific stated its intention to use a portion of the proceeds to fund capped call transactions and acquire bitcoin as part of its bitcoin treasury strategy, further fueling concerns about the company's capital allocation decisions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMLR","symbol_name":"Semler Scientific, Inc.","start_time":0,"source_url":"","article_id":"1114455650","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114455650","pubTimestamp":1737729629,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Semler Scientific, Inc.  faced a significant 13% plunge in its stock price during Friday's pre-market trading session, underperforming the broader market. The healthcare technology firm's shares took a hit following the announcement of an upsized $85 million convertible senior notes offering, raising concerns about potential equity dilution.The company revealed plans to issue the convertible notes due 2030 in a private offering to institutional buyers. While the initial offering size was set at ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SMLR":"Semler Scientific, Inc."},"translate_title":"由于可转换债券发行引发稀释担忧，Semler Scientific股价暴跌13%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMLR":1},"content_text":"Semler Scientific, Inc. (SMLR) faced a significant 13% plunge in its stock price during Friday's pre-market trading session, underperforming the broader market. The healthcare technology firm's shares took a hit following the announcement of an upsized $85 million convertible senior notes offering, raising concerns about potential equity dilution.\nThe company revealed plans to issue the convertible notes due 2030 in a private offering to institutional buyers. While the initial offering size was set at $75 million, strong demand prompted Semler Scientific to upsize the offering to $85 million, with an option to purchase an additional $15 million worth of notes.\nInvestors reacted negatively to the news, as convertible debt offerings often lead to the issuance of new shares when the notes are converted, diluting existing shareholders' stakes. Additionally, Semler Scientific stated its intention to use a portion of the proceeds to fund capped call transactions and acquire bitcoin as part of its bitcoin treasury strategy, further fueling concerns about the company's capital allocation decisions.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}