---
title: "Semler Scientific Signs Supplemental Indenture With U.S. Trust Company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272881000.md"
description: "Semler Scientific has amended its 4.25% Convertible Senior Notes due 2030 through a Supplemental Indenture with U.S. Trust Company, following its merger with Strive. The amendment shifts conversion into Strive Class A shares and adds a Strive guarantee while keeping existing maturity and interest terms. Additionally, Semler terminated its at-the-market Sales Agreement with various agents, ceasing share sales under that program to align its capital structure with the new parent and simplify future financing activities."
datetime: "2026-01-16T21:43:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272881000.md)
  - [en](https://longbridge.com/en/news/272881000.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272881000.md)
---

# Semler Scientific Signs Supplemental Indenture With U.S. Trust Company

Semler Scientific amended its 4.25% Convertible Senior Notes due 2030 via a Supplemental Indenture following its merger with Strive, shifting conversion into Strive Class A shares and adding a Strive guarantee while maintaining existing maturity and interest terms. In connection with the merger and pending delisting, Semler also terminated its at-the-market Sales Agreement with a syndicate of agents, and will no longer sell shares under that program. These steps align the company’s capital structure with the new parent and simplify future financing activity.

**New agreement details:**

-   **Agreement type**: Supplemental indenture for 4.25% Convertible Senior Notes due 2030
-   **Counterparty**: U.S. Trust Company; Strive
-   **Signed / Effective**: Jan 16 2026 / Jan 16 2026
-   **Duration / Termination**: Through Aug 01 2030
-   **Reason**: Align notes with merger and add Strive guarantee

**Terminated agreement details:**

-   **Agreement terminated**: Controlled Equity Offering Sales Agreement (ATM program)
-   **Counterparty**: Cantor Fitzgerald; Barclays Capital; Canaccord Genuity; Needham & Company; Craig-Hallum Capital Group; Lake Street Capital Markets
-   **Original agreement date**: Apr 15 2025
-   **Termination date**: Jan 16 2026
-   **Termination type**: mutual
-   **Exit fees / payments**: None
-   **Reason**: Cease ATM program following merger and delisting

Original SEC Filing: Semler Scientific, Inc. \[ SMLR \] - 8-K - Jan. 16, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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