KindlyMD Faces Nasdaq Delisting Over Share Price, Bitcoin Treasury Firm
KindlyMD, a healthcare and Bitcoin treasury firm, is at risk of being delisted from the Nasdaq. According to reports, the company has failed to meet the minimum share price requirements. The firm now has a six-month period to increase its share price above $1 and maintain that level for at least 10 consecutive days to avoid delisting. The development highlights the challenges faced by companies in maintaining compliance with exchange listing rules, particularly those with exposure to volatile assets like Bitcoin.
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