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KindlyMD, a healthcare company listed on NASDAQ under the ticker KDLY, will present at the KCSA Cannabis Virtual Investor Conference on June 5th, 2024. The presentation will be led by CEO Tim Pickett at 3 p.m. ET. KindlyMD integrates traditional primary care, pain management, and alternative therapies, including medical cannabis, in compliance with state regulations. Investors can register online and access an archived webcast if they miss the live event.
WallachBeth Capital announced the successful completion of KindlyMD's IPO, raising $6.8 million in gross proceeds. The IPO involved the sale of 1,240,910 units at $5.50 each. Each unit includes one share of common stock, one tradeable warrant, and one non-tradeable warrant. The shares and tradeable warrants began trading on Nasdaq under the symbols 'KDLY' and 'KDLYW'. Additionally, KindlyMD has granted underwriters a 45-day option to purchase up to an additional 186,136 shares and warrants to cover over-allotments. WallachBeth Capital served as the Sole Bookrunner for the offering.
KindlyMD (NASDAQ:KDLY, KDLYW) has completed its initial public offering (IPO) of 1,240,910 units at $5.50 per unit, raising approximately $6.8 million in gross proceeds. Each unit includes one share of common stock, one tradeable warrant to purchase a share at $6.33, and one non-tradeable warrant to purchase half a share at $6.33. The shares and warrants began trading on Nasdaq on May 31, 2024. WallachBeth Capital is the sole bookrunner. KindlyMD has also granted underwriters a 45-day option to purchase additional shares and warrants to cover over-allotments.
KindlyMD (NASDAQ: KDLY; KDLYW) announced the pricing of its $6.8 million IPO on May 31, 2024. The IPO consists of 1,240,910 units priced at $5.50 per unit, each unit comprising one share of common stock, one tradeable warrant, and one non-tradeable warrant. The tradeable warrants and non-tradeable warrants both have an exercise price of $6.33 per share. The shares and tradeable warrants will trade on Nasdaq under the symbols 'KDLY' and 'KDLYW,' respectively. The offering is expected to close around June 3, 2024, subject to customary conditions. WallachBeth Capital is the sole bookrunner for this offering, and the underwriters have a 45-day option to purchase additional securities to cover over-allotments.
KindlyMD has announced the pricing of its Initial Public Offering (IPO) at $5.50 per unit, totaling approximately $6.8 million in gross proceeds. Each unit contains one share of common stock, one tradeable warrant, and one non-tradeable warrant. The common stock and tradeable warrants will start trading on NASDAQ under the symbols 'KDLY' and 'KDLYW' on May 31, 2024. The offering is expected to close on June 3, 2024, subject to customary conditions. KindlyMD has also granted underwriters a 45-day option to purchase additional shares and warrants to cover over-allotments. WallachBeth Capital is the sole bookrunner for the offering.
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