Semler Scientific宣布了8500萬美元的私人產品

Semler Scientific已宣布將其可轉換高級票據提高到以前計劃的7500萬美元的8500萬美元。

Semler Scientific, a company engaged in the development and commercialization of advanced materials, announced an increase in its convertible senior notes offering to $85 million. The company also granted an option to initial purchasers to buy an additional $15 million in notes.

從事高級材料開發和商業化的公司Semler Scientific宣布，其可轉換的高級票據提高到8500萬美元。該公司還批准了初始購買者購買額外1500萬美元的票據的選擇。

Semler Scientific Announces $85M Private Offering

Semler Scientific宣布了8500萬美元的私人產品

As part of its corporate strategy, which includes further investment in Bitcoin, Semler Scientific announced in a press release the pricing of its private offering of $85 million in the aggregate principal amount of 4.25% convertible senior notes due 2030. The offering is made in reliance on the exemption provided by Rule 144A under the Securities Act of 1933, which permits the offer of securities to certain qualified institutional buyers. The transaction is anticipated to be completed on January 28, 2025, subject to the satisfaction of certain conditions.

作為其公司戰略的一部分，包括對比特幣的進一步投資，Semler Scientific在新聞稿中宣布，其私人發行的總額為4.25％的4.25％可轉換的高級票據，該票據到期2030年。根據1933年《證券法》規則144A規定的豁免，該法案允許向某些合格的機構買家提供證券。預計該交易將於2025年1月28日完成，但要滿足某些條件。

The notes are not secured, and the interest will be compounded at a rate of 4.25% per annum and will be paid on the first of February and the first of August of every year, starting from August 1, 2025. The conversion rate at the commencement of the offering is 13.0826 shares per $1,000 principal amount, which implies a conversion price of $76.44 per share. This is a 25% premium over the last reported stock price on January 23, as reported at the Nasdaq stock exchange. Semler Scientific can elect to receive the consideration in cash, stock, or a combination of both after the conversion.

票據不保證，利息將以每年4.25％的速度加重，並將在2月1日和每年8月1日（從2025年8月1日開始）支付。發行的開始是每1,000美元的本金13.0826股，這意味著轉換價格為每股76.44美元。如納斯達克證券交易所報導的那樣，這比1月23日的最後一次報導的股價溢價25％。 Semler Scientific可以選擇在轉換之後獲得現金，庫存或兩者組合的考慮。

The notes are not redeemable by the company before August 4, 2028. From this date, redemption is allowed if the common stock of Semler Scientific is trading at not less than 130% of the conversion price for a particular period. If a “fundamental change” occurs, for example, a merger or acquisition, noteholders are entitled to put their notes to the company and compel it to repurchase the notes at their face value plus interest.

該票據在2028年8月4日之前無法贖回。從這個日期起，如果Semler Scientific的普通股在特定時期的轉換價格的不少於130％的交易，則允許贖回。例如，如果發生“基本變更”，例如合併或收購，票據持有人有權將其票據放在公司中，並強迫其以其面值加上利息來回購票據。

Capped Call Transactions and Potential Market Effects

上限通話交易和潛在的市場影響

To limit the dilutive impact of note conversions, Semler Scientific used capped call transactions with financial institutions. These transactions establish a cap price of $107.01 per share, which is 75% above the last trading price of the stock on the 23rd of January 2025.

為了限制音符轉換的稀釋影響，Semler科學使用了與金融機構的封閉電話交易。這些交易的上限價格為每股107.01美元，比2025年1月23日股票的最後交易價格高出75％。

The company also anticipates that the financial institutions involved will offset their exposure by acquiring and liquidating Semler Scientific shares.

該公司還預計，所涉及的金融機構將通過獲取和清算Semler Scientific份額來抵消其接觸。

As a consequence, these activities may affect the price of the stock before and after the transaction. If the option held by initial purchasers to purchase more notes is exercised, Semler Scientific anticipates that it will undertake further capped call transactions.

結果，這些活動可能會影響交易前後股票的價格。如果行使最初購買者購買更多票據的選項，Semler Scientific預計它將進行進一步關注的電話交易。