Kindly MD, Inc. (KDLY) has shared an update.
Kindly MD, Inc. successfully completed a public offering on June 3, 2024, partnering with WallachBeth Capital, LLC, to sell over 1.2 million units at $5.50 each, consisting of shares and two types of warrants. The company netted over $6 million after underwriting costs. Additionally, WallachBeth Capital exercised its option for additional warrants, and the firm established procedures for warrant management with VStock Transfer, LLC. The offering, backed by a previously filed Registration Statement, was also accompanied by press releases, cautioning investors about potential risks and forward-looking statements.
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