Compass Investments

– Under Nasdaq listing rule 5810(c)(3)(A), Bitcoin Treasury has 180 calendar days until June 8, 2026 to bring its operations into compliance.

To avoid the threat of being delisted from the exchange, the organization’s shares are required to trade above the $1 level for at least 10 consecutive sessions over a six-month period. Nasdaq reserves the right to extend this period to 20 days.

If the company fails to regain compliance with Nasdaq’s requirements within the six-month period, it may transfer its listing shares to the Nasdaq Capital Market for additional time.

If the company still fails to meet the required conditions, Nasdaq has the right to revoke its listing.

A spokesperson for Kindly MD explained that the latest notice has no effect on the company’s stock price, which continues to trade under the symbol “NAKA”.

Other information:

Kindly MD, a healthcare company, partnered with Nakamoto Holdings Inc., a bitcoin firm owned by prominent crypto entrepreneur David Bailey, in mid-May to become a Bitcoin treasury management entity.

David Bailey, who is the head of Kindly MD Inc. at the Bitcoin Asia Forum in Hong Kong, China, on Friday, August 29, 2025.

According to BitcoinTreasuries, the company has 5,398 BTC in its assets, with a market value of over $473 million at the time of publication.

However, the organization’s funding system, which relies heavily on the sale of discounted shares as part of a closed equity investment (PIPE) to acquire bitcoins, has proven to be viable.