Lates News

Kindly MD CEO David Bailey posted on social media that the company submitted a Form S-3 registration for the shares sold in the PIPE financing on September 12. With these shares entering the market, the company expects increased volatility in the stock price in the short term. The company advises shareholders seeking short-term trading to consider exiting. This transitional phase may bring uncertainty, but the company looks forward to emerging stronger with the support of our followers. We have been preparing for future developments, have made plans, and are ready. According to official information, the company has raised 7.42 billion dollars and completed merger transactions since the launch of its Bitcoin strategy, establishing a fund of over 5,700 Bitcoin. Market data shows that, as of the time of publication, Kindly MD, Inc. (NAKA) dropped by 55.75% in pre-market trading. Note: PIPE financing is a way of raising funds by selling shares to private investors at a discount to the market price. After the completion of the S-3 registration form, these shares can be traded on the public market. The introduction of a large number of additional shares (in this case, from the PIPE financing) into the market increases the stock supply. If demand does not correspondingly increase, this may put downward pressure on the stock price and lead to volatility.