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Semler Scientific Drops Estimated IPO Range

Portland-based medical device developer Semler Scientific, which develops noninvasive devices used to measure arterial blood flow, has dropped its IPO range, saying in a filing last week that it now expects its IPO to be between $7.50 and $9.50 per share. The company has filed to trade on the NASDAQ Capital Market as SMLR. The company had originally estimated its IPO at between $12.00 and $14.00 per share.


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