Bitcoin Treasury KindlyMD Faces Nasdaq Delisting With Stock Down 99%

Bitcoin treasury company KindlyMD is at risk of being delisted from Nasdaq. According to the exchange’s rule, the company has until June 8, 2026 to regain compliance. To do that, the company’s share price has to close at $1 or more for a minimum of 10 consecutive business days. The company's shares—which trade on Nasdaq under the NAKA ticker—closed at $0.38 on Tuesday. The shares have consistently closed below $1 through October and November, with NAKA falling nearly 99% from its yearly peak price of $34. ...