Shares of Semler Scientific (SMLR) closed at $32.06, well below the implied $86.30 takeout value in its announced all-stock acquisition by Strive (ASST), a discount Benchmark analyst Mark Palmers say reflects both skepticism and opportunity in the emerging bitcoin treasury M&A wave. Palmer reiterated its buy rating on Semler while trimming his price target on the stock to $86 from $101 to reflect the terms of the Strive deal. The fixed exchange ratio, 21.05 Strive shares per Semler share, suggests a lucr ...

Core Insights - Strive, Inc. has acquired 5,816 Bitcoin for approximately $675 million, aiming to strengthen its balance sheet and expand its digital asset treasury, coinciding with a planned merger with Semler Scientific, Inc. [1] - The acquisition positions Strive to hold approximately 5,886 BTC post-purchase, and over 10,900 BTC after the merger, making it one of the largest publicly traded corporate Bitcoin holders globally [2][7] - The merger agreement includes an exchange ratio of 21.05 Strive Class A shares for each Semler share, representing a premium of nearly 210% over Semler's recent trading price, indicating confidence in both Semler's operations and the future potential of the combined entity [3] Corporate Strategy - The merged entity will focus on maintaining a capital structure that favors equity over debt, ensuring liquidity for operations and flexibility for future equity offerings [4] - Strive's strategy aims to attract a diverse investor base, including institutions seeking Bitcoin exposure through traditional equities and retail shareholders interested in crypto-linked opportunities [4][5] Market Implications - The merger and Bitcoin acquisition signify a transformation in Strive's identity, moving towards a digital-first financial foundation, which may attract greater market attention as Bitcoin gains traction in mainstream investment portfolios [5][6] - Strive's actions reflect a broader trend of increasing Bitcoin adoption among corporate entities, which could lead to enhanced investor interest and potential long-term appreciation of their treasury assets [6][7]

Amazing news here. Congratulations to Matt, Ben, Ethan, Jeff, and the entire Strive team.Bitcoin continues its speculative attack on US capital markets, one block at a time 🫡Matt Cole (@ColeMacro):STRIVE ($ASST) UPDATES- Strive entered into a definitive agreement to acquire @SemlerSci ($SMLR) in an all-stock transaction.- @Strive announced the purchase of 5,816 Bitcoin.- The combined company will hold > 10,900 BTC.- @SemlerEric to join Strive board post close.- ...

NEW YORK, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Semler Scientific, Inc. ("Semler Scientific, Inc." or the "Company") (NASDAQ: SMLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Semler Scientific, Inc. investors who were adversely affected by alleged securities fraud between March 10, 2021 and April 15, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.c ...

Strive, Inc. (Nasdaq: ASST), the investment firm co-founded by Vivek Ramaswamy, announced on Sep. 22 that it is acquiring Semler Scientific (Nasdaq: SMLR), a Bitcoin treasury firm, in an all-stock transaction. Ramaswamy is an entrepreneur and politician who entered U.S. politics as the youngest presidential candidate in the 2024 Republican primaries. However, he withdrew his bid and endorsed Donald Trump who later became the president. He is now campaigning to contest the 2026 Ohio gubernatorial election, ...

🚨 NEW: Strive (ASST) will acquire Semler Scientific (SMLR) in the first-ever merger of Bitcoin treasury companies. https://t.co/krFWhUR8Oy ...

Core Insights - The Ademi Firm is investigating Semler Scientific for potential breaches of fiduciary duty and other legal violations related to its transaction with Strive [1][3] - Shareholders of Semler Scientific will receive 21.05 Class A common shares of Strive, valued at approximately $90.52 per share based on trading prices as of September 19, 2025 [2] - The transaction agreement restricts competing offers for Semler Scientific by imposing significant penalties for accepting alternative bids, raising concerns about the board's fiduciary responsibilities [3]

Group 1 - Halper Sadeh LLC is investigating PROS Holdings, Inc. for potential violations related to its sale to Thoma Bravo at $23.25 per share in cash [1] - Semler Scientific, Inc. is under investigation for its sale to Strive, Inc. for 21.05 Class A common shares of Strive per share of Semler [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]

Group 1 - Halper Sadeh LLC is investigating the fairness of the sale of Semler Scientific, Inc. to Strive, Inc. for 21.05 Class A common shares of Strive per share of Semler [1] - The law firm encourages Semler shareholders to learn more about their legal rights and options regarding the sale [1] - Contact information for Halper Sadeh LLC is provided for Semler shareholders seeking further information [1]

Group 1 - Strive Inc. announced an all-stock acquisition of Semler Scientific [1] - Strive purchased 5,816 bitcoins at an average price of $116,047 each, totaling approximately $675 million, increasing its bitcoin holdings to 5,886 [1] - Post-merger, the combined companies will hold over 10,900 bitcoins and plan to explore further monetization or expansion of Semler's research diagnostics business [1]