---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-045969"
form_type: "8-K"
ticker: "NAKA"
cik: "0001946573"
company_name: "Nakamoto Inc."
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-21T00:33:53.357091+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KindlyMD shareholders approve merger with Nakamoto; $510M PIPE at $1.12/share

## Summary
- Majority shareholders approved merger agreement; $510M PIPE at $1.12 per share from investors.
- 477.7M shares to be issued: 22.3M to Nakamoto stockholders, 455.4M to PIPE investors.
- Merger expected to close Q3 2025, 20 days after definitive info statement mailed to shareholders.
- Governance changes: classified board, 10B authorized shares, exclusive forum for Utah courts.
- CEO cites Bitcoin corporate balance sheet strategy to drive long-term shareholder value.

## SEC filing metadata
- accession: 0001213900-25-045969
- form_type: 8-K
- ticker: NAKA
- cik: 0001946573
- company_name: Nakamoto Inc.
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946573/000121390025045969/0001213900-25-045969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946573/000121390025045969/ea0242664-8k_kindly.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-045969
- JSON: https://secwatch.observer/filing/0001213900-25-045969.json
- Plain text: https://secwatch.observer/filing/0001213900-25-045969.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.