Nasdaq-listed medical services company KindlyMD announced Tuesday that it has filed a hold on registration statement for plans to issue up to $5 billion worth of shares on the market, The Block reported. The company said it plans to use the net proceeds to support general corporate purposes, including expanding its bitcoin treasury.
The plan allows the company to issue and sell up to $5 billion worth of common stock through various sales agents, including TD Securities, Cantor Fitzgerald and B. Riley Securities, the company press release said.
Nasdaq-listed KindlyMD plans to issue $5 billion of stock to expand its bitcoin treasury business
2025-08-27 03:59:30
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