A healthcare product manufacturer that holds Bitcoin among its assets faces a securities lawsuit seeking to prevent the consummation of its acquisition by Strive, Inc., a self-described “top Bitcoin treasury company.”
The proposed transaction between Semler Scientific Inc. and Strive is allegedly backed by materially incomplete and misleading statements in violation of the Exchange Act, Semler shareholder Terry Tran claimed in her Tuesday complaint filed in the US District Court for the Northern District of Illinois.
A spokesperson for Semler didn’t immediately respond ...