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0 0 0.0115949497552177 -0.015459933006957 0.0139139397062612 0.00180365885081159 0.00489564545220293 0.00489564545220293
Stock impact report

Bitcoin Treasury KindlyMD Faces Nasdaq Delisting With Stock Down 99% [Yahoo! Finance]

Kindly MD, Inc. (NAKA) 
Company Research Source: Yahoo! Finance
To do that, the company's share price has to close at $1 or more for a minimum of 10 consecutive business days. The company's shares—which trade on Nasdaq under the NAKA ticker—closed at $0.38 on Tuesday. The shares have consistently closed below $1 through October and November, with NAKA falling nearly 99% from its yearly peak price of $34.77. The exchange has room to be more stringent. “Nasdaq may, in its discretion, require the company to maintain such closing bid price for a period in excess of 10 consecutive business days, generally no more than 20 consecutive business days, before determining that the company has regained compliance,” Nasdaq wrote in its notice, which KindlyMD shared with investors through an SEC filing. KindlyMD completed its merger with Nakamoto to establish a Bitcoin merger in August, with David Bailey as CEO of the combined company. But trouble really began brewing in September when previously restricted shares sold during the firm's $200 million fun Show less Read more
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