Semler Scientific Inc. Announces $500 Million ATM Offering Program with Major Financial Institutions

Reuters
04 Jun
Semler Scientific Inc. Announces $500 Million ATM Offering Program with Major Financial Institutions

Semler Scientific Inc. has announced a new liquidity contract through a Controlled Equity Offering Sales Agreement with a consortium of financial institutions including Barclays Capital Inc., Cantor Fitzgerald & Co., Canaccord Genuity LLC, Needham & Company, LLC, Craig-Hallum Capital Group LLC, and Lake Street Capital Markets, LLC. The agreement allows for the issuance and sale of up to $500 million in common stock through an at-the-market $(ATM.UK)$ offering program. As of early June 2025, the company has already issued and sold over 3.5 million shares, generating net proceeds of approximately $136.2 million. This move is set to enhance liquidity and provide additional financial flexibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Semler Scientific Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001554859-25-000027), on June 04, 2025, and is solely responsible for the information contained therein.

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