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Strive acquisition offer for Semler Scientific plunges 76% as key customers exit
Yahoo Finance· 2025-12-04 16:41
The implied value of Strive’s (NASDAQ: ASST) all-stock acquisition offer for Semler Scientific (NASDAQ: SMLR) plunged approximately 76% between September and December as Semler disclosed the loss of key customers responsible for a majority of its revenue. Strive, a Bitcoin treasury company, filed an amended registration statement as of Wednesday detailing the value erosion and operational challenges facing Semler Scientific ahead of a January shareholder vote. Under the amended merger agreement, Semler S ...