COINOTAG News reports that Eric Semler, chairman of Semler Scientific, is urging SMLR shareholders to back the proposed merger with Strive, ahead of a scheduled special meeting on January 13. The push underscores a strategic realignment aimed at enhancing balance-sheet resilience and institutional backing for the venture.
Under the terms, SMLR holders would receive ASST shares at an exchange ratio of 21.05x, establishing a near-term consolidation path that could unlock synergistic financing benefits for the combined entity.
The merged group would hold nearly 13,000 BTC, positioning it among the top five publicly traded firms with crypto reserves. The arrangement is designed to strengthen digital lending capabilities and maximize long-term shareholder value, with Semler slated to join the Strive board.