Healthcare and bitcoin treasury firm KindlyMD (NAKA) is at risk of delisting from the Nasdaq exchange after its share price fell below $1 for 30 consecutive trading days. According to the company's Dec. 12 filing with the Securities Exchange Commission, KindlyMD must raise its share price above $1 and maintain it for 10 consecutive trading days by June 8, 2026, to avoid delisting. The stock first fell below $1 in late October and closed at $0.38 on Monday.
According to BitcoinTreasuries.net data, KindlyMD holds 5,398 bitcoins (worth about $466 million), making it the 19th largest corporate bitcoin holder in the world. The company was acquired by Nakomoto in August through a reverse takeover. The stock has plunged 99% since its shares hit an all-time high when the deal was announced in May.
Bitcoin treasury company KindlyMD is at risk of delisting from Nasdaq
2025-12-16 14:01:10
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