KindlyMD Faces Nasdaq Delisting Risk After Bitcoin Treasury Price Notice
KindlyMD, a company with a Bitcoin treasury, is at risk of being delisted from Nasdaq. This follows a notification from Nasdaq that KindlyMD has 180 days to regain compliance with the exchange's minimum bid price requirement. The notification was issued because the company's shares traded below $1 for 30 consecutive business days, according to reports. The development highlights the challenges faced by companies holding Bitcoin treasuries in navigating regulatory requirements and maintaining stock exchange compliance.
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