other material
confidence high
sentiment neutral
materiality 0.70
KindlyMD prices $6.8M IPO; units of stock and warrants start trading on Nasdaq
Nakamoto Inc.
- Gross proceeds of $6,825,005 from sale of 1,240,910 units at $5.50 per unit; net proceeds $6,018,882.
- Each unit: 1 share common stock, 1 tradeable warrant (exercise $6.33, 5yr), 1 non-tradeable warrant (½ share, $6.33, 5yr).
- Underwriter partially exercised over-allotment: 76,538 tradeable warrants and 76,538 non-tradeable warrants.
- Common stock and tradeable warrants began trading on Nasdaq on May 31, 2024 under symbols KDLY and KDLYW.
- WallachBeth Capital acted as sole bookrunner for the offering.