The actions of Semler Scientific (SMLR) dropped by 15 % following the sale of convertible debts of $ 75 million, protruding points of profits

The analyst who wrote this article has actions to Semler Scientific (SMLR).

The manufacturer of medical devices Semler Scientific (SMLR) fell 15 % after the closing of the US scholarship on Thursday after announcing its intention to sell $ 75 million of first -class convertible tickets and that it would use part of the funds for Increase your bitcoin (BTC). Assets.

The shares dropped up to 51 dollars, the company also declared that its turnover in the fourth quarter had increased from 3.3% to 12.5 million dollars and that operating profit had increased by 8, 8% to $ 3.7 million. The unrealized gain resulting from the variation in the fair value of bitcoin assets amounted to around $ 29 million.

Part of the product sales product, which includes an option for an additional $ 15 million, will be used to finance capped purchase transactions in order to compensate for the dilution of the shares resulting from a possible conversion of the tickets, said the Company.

Tickets expanded in 2030 and interest is paid semi -annually. They can be converted into species, the company’s actions or both. The complete terms of the offer have not been published.

As of January 17, Semler Scientific held 2,321 BTC, with an overall purchase price of $ 191.9 million and an average price of $ 82,689.

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