KindlyMD Faces Risk of Delisting from Nasdaq

KindlyMD Shares on the Decline

KindlyMD (NAKA) is facing the risk of being delisted from the Nasdaq due to its share price falling below $1 for 30 consecutive business days. The company is a healthcare firm that has been building a reserve of Bitcoin during this period.

At a critical juncture for investors, KindlyMD must restructure its share price and close above $1 for 10 consecutive business days by June 8. The company's shares fell below $1 at the end of October last year and closed at $0.38 on Monday.