Semler Scientific CEO files to sell up to $30M shares

Bitcoin treasury company Semler Scientific (Nasdaq: SMLR) CEO Douglas Murphy Chutorian filed to sell up to $30 million shares per two filings with the SEC Tuesday morning. The filing shows the CEO’s intent to sell up to 1.52M shares of SMLR. The proceeds would be equivalent to $30 million quoting the Monday SMLR close price of $20.02 per share. The sale may reflect a desire to monetize a portion of his equity prior to the merger’s completion In September, the bitcoin treasury company announced a merger o ...