KindlyMD is facing the risk of being delisted from Nasdaq.

KindlyMD Stocks in Decline

KindlyMD (NAKA) is at 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 up a Bitcoin reserve during this period.

In a critical turning point for investors, KindlyMD must recalibrate 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.