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News  ›  GlobeNewswire Inc.

SMLR Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Semler Scientific With Strive Asset Management

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Wohl & Fruchter Llp
SMLR Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Semler Scientific With Strive Asset Management

Law firm investigating the fairness of the proposed merger between Semler Scientific and Strive Asset Management, noting a significant stock price decline since the merger announcement.

Insights
BHFAP   neutral

Being sold to Aquarian Capital LLC for $70.00 per share, potential investigation indicates possible scrutiny of sale conditions


SMLR   negative

Stock price dropped from $32.06 to $19.77, making the merger less appealing to shareholders due to a fixed exchange ratio despite market price changes