KindlyMD (NAKA), a healthcare and Bitcoin reserve company, is at risk of being delisted from Nasdaq after its stock price remained below $1 for 30 consecutive trading days. The company has until June 8, 2026, to raise its stock price above $1 for 10 consecutive days to comply with Nasdaq's listing requirements. As of December 16, KindlyMD's stock closed at $0.38, marking a year-to-date decline of over 99%.
The company, which holds 5,398 Bitcoins, ranks 19th among corporate Bitcoin holders. KindlyMD's stock price fell below $1 at the end of October, triggering the warning from Nasdaq. The company must now strategize to regain compliance and avoid delisting.
KindlyMD Faces Nasdaq Delisting Risk as Stock Falls Below $1
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