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Provider: Reuters Investment Profile
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Semler Scientific Inc announces closing of initial public offering


Thursday, 27 Feb 2014 12:09pm EST 

Semler Scientific Inc:Announces closing of previously announced initial public offering of 1,430,000 shares of its common stock offered at a price to the public of $7.00 per share.Gross proceeds to Semler from the initial public offering were $10,010,000.Granted the representative of 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.Aegis Capital Corp. acted as sole book-running manager for the offering.