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Semler Scientific Inc announces pricing of initial public offering of common stock


Thursday, 20 Feb 2014 05:28pm EST 

Semler Scientific Inc:Says pricing of its initial public offering of 1,430,000 shares of its common stock at an initial public offering price of $7.00 per share.Gross proceeds to Semler from the initial public offering are expected to be $10,010,000, before underwriting discounts and commissions and other offering expenses.In addition, Semler has granted the underwriters a 45-day option to purchase up to 214,500 additional shares of common stock from Semler to cover over-allotments, if any.Says its common stock has been approved for listing on the NASDAQ Capital Market and is expected to begin trading under the symbol SMLR on Feb. 21.Offering is expected to close on Feb. 26.Aegis Capital Corp. is acting as sole book-running manager for the offering. 

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2.53
0.05 +2.02%
19 Dec 2014