Strive Signs Supplemental Indenture With Semler Scientific

TradingView
2026.01.16 21:53
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Strive has signed a Supplemental Indenture with Semler Scientific regarding Semler’s 4.25% Convertible Senior Notes due 2030. This amendment aligns the notes with the merger completion, converting holders’ rights into Strive Class A common stock and adding a parent guarantee from Strive. It also updates conversion calculations and allows Semler to settle conversions in cash, stock, or a combination. The agreement is effective from January 16, 2026, and lasts until August 1, 2030.