Strive subsidiary retires $X million convertible debt, shifts preferred dividends to daily

Filed May 14, 2026 · Period ending May 13, 2026 · ~1 min read

Key Changes

• high

  Semler Scientific (Strive subsidiary) repurchased and cancelled all outstanding 4.25% Convertible Senior Notes due 2030, discharging the Indenture and eliminating the convertible debt obligation from its capital structure.

  Item 8.01 view on EDGAR →
• medium

  Preferred stock dividend payment frequency changes from monthly to daily business days starting June 15, 2026, though dividends continue to be calculated on a monthly basis and split into equal daily installments.

  Item 5.03 verify on EDGAR →
• high

  New compounding provision: if preferred dividends remain unpaid past the Monthly Dividend Compliance Date, additional compounded dividends will accumulate monthly on the unpaid amount, increasing cost of payment delays.

  Item 5.03 verify on EDGAR →