Strive and Semler shares fall double digits following merger approval

Strive (NASDAQ: ASST) and Semler (NASDAQ: SMLR) shares fell Tuesday after Semler shareholders approved an all-stock merger to consolidate Bitcoin treasuries. Strive stock declined 11.8% and Semler shares dropped 9.6% during the trading session following the announcement. At the time of publication, Strive and Semler shares were up respectively 3.4% and 4.7% after market open on Wednesday. Semler shareholders voted 8,732,675 to 633,524 in favor of the acquisition, with 43,137 abstentions. Approximately 9 ...