U.S. public company Semler Scientific plans to issue $75 million in convertible preferred notes, with part of the proceeds designated for the purchase of Bitcoin.
According to BlockBeats news on January 24, Semler Scientific, a publicly listed company in the U.S., plans to issue convertible preferred notes with a total principal amount of 75 million USD to qualified institutional buyers through a private placement, maturing in 2030.
Additionally, Semler Scientific plans to grant the initial purchasers of the notes an option to purchase additional notes with a principal amount of up to 15 million USD within 13 days from the date of the notes issuance. Semler Scientific intends to use a portion of the net proceeds from the issuance to cover the costs of the capped subscription transaction, with the remaining net proceeds allocated for general corporate purposes, including the purchase of Bitcoin.
U.S. public company Semler Scientific plans to issue $75 million in convertible preferred notes, with part of the proceeds designated for the purchase of Bitcoin.
According to BlockBeats news on January 24, Semler Scientific, a publicly listed company in the U.S., plans to issue convertible preferred notes with a total principal amount of 75 million USD to qualified institutional buyers through a private placement, maturing in 2030.
Additionally, Semler Scientific plans to grant the initial purchasers of the notes an option to purchase additional notes with a principal amount of up to 15 million USD within 13 days from the date of the notes issuance. Semler Scientific intends to use a portion of the net proceeds from the issuance to cover the costs of the capped subscription transaction, with the remaining net proceeds allocated for general corporate purposes, including the purchase of Bitcoin.
