KindlyMD, trading under the ticker KDLY, has secured a majority approval from its shareholders for a merger with Nakamoto Holdings Inc., a company specializing in Bitcoin investments. This development follows the submission of a written consent dated May 18, 2025, authorizing the merger and related transactions. The next step involves filing an information statement with the Securities and Exchange Commission to formalize the process.
The merger completion is anticipated to take place 20 days after the information statement is distributed to the shareholders of KindlyMD. This timeline sets the stage for a strategic alignment between the two companies, potentially boosting KDLY's market position by tapping into the rapidly growing cryptocurrency sector.
