Semler Scientific shareholders sue to block merger with Strive

Shareholders of Semler Scientific, a Nasdaq-listed medical technology firm, have filed a lawsuit to block a merger with U.S. asset manager Strive, Cointelegraph reported. In a complaint filed with a U.S. federal district court in Illinois, the shareholders allege that Semler Scientific's board of directors violated securities laws by providing false information ahead of a shareholder vote. The legal action follows Strive’s proposed acquisition of Semler Scientific, announced in September, a deal that included securing an additional 5,816 BTC valued at $675 million.