Semler Scientific (SMLR) Reports Preliminary Q4 Revenue; Shares Fall 15% After $12.1M-$12.5M Revenue and Convertible Bond Offering

Semler Scientific (SMLR) reported preliminary fourth quarter 2024 revenue estimated between $12.1 million and $12.5 million, alongside a convertible bond offering. Following the announcement, SMLR shares fell as much as 15% after the close of U.S. stock markets. Additionally, the company experienced a pre-market decline of 10.8%. Other companies also announced stock offerings, including Lakeland Industries (LAKE), which priced a 1.82 million share offering at $22 per share, and Quantum Computing Inc (QUBT), which plans to offer up to 8.5 million shares for holders. Snow Lake Energy (LITM) announced a $16 million share offering priced at $1.00 per share, leading to a pre-market decline of 30.2%. Sonnet BioTherapeutics (SONN) filed for a 2 million share offering by selling stockholders, while Disc Medicine (IRON) announced a public offering of common stock and pre-funded warrants worth $225.5 million.