Semler Scientific, Inc.: restructuring charge — Semler cuts headcount 37%, reports $1.2M severance; provides Strive merger updates

Semler Scientific, Inc.

Headcount reduction of ~37% approved; expected to reduce quarterly opex by $0.7-1.1M from Jan 2026.
Severance costs of ~$1.2M (one-time termination benefits) to be paid Dec 2025/Jan 2026.
$1.6M time-based cash retention program for non-exec employees during merger pendency and integration.
Strive entered agreement allowing conversion of Class B to Class A common stock and filed $500M at-the-market preferred stock offering.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Semler Scientific, Inc. announced a restructuring with charges of approximately $1.2 million consisting of one-time termination benefits (approximately 37%).

Type: restructuring
Charge: approximately $1.2 million consisting of one-time termination benefits
Headcount: approximately 37%

Exact text from the filing

the headcount reduction, which are expected to be realized beginning in January 2026. Semler Scientific currently estimates that it will incur severance costs of approximately $1.2 million consisting of one-time termination benefits, which are expected to be paid in December 2025 and January 2026. The charges Semler Scientific expects to incur in connection with

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Source: SEC EDGAR

accession 0001104659-25-120646

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