[Form 3] Kindly MD, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

David F. Bailey, listed at 5097 S 900 E Suite 100, Salt Lake City, UT 84117, filed an Initial Statement of Beneficial Ownership (Form 3) for Kindly MD, Inc. (NAKA) on 08/14/2025. The filing identifies Mr. Bailey as both a Director and the Chief Executive Officer and notes the form was filed by one reporting person. The filing expressly states no securities are beneficially owned and includes an Exhibit 24 power of attorney. The report is signed by David Bailey.

Positive

• Timely disclosure: Form 3 filed and signed, fulfilling Section 16 reporting obligations
• Clear role identification: Reporting person is identified as both Director and Chief Executive Officer
• Explicit statement: Filing clearly states no securities are beneficially owned, avoiding ambiguity

Negative

• None.

Insights

Financial Analyst

TL;DR: Neutral disclosure — an officer/director reports no current ownership, so no immediate equity exposure is shown.

The Form 3 documents that the CEO and director, David F. Bailey, currently holds no beneficial ownership in Kindly MD, Inc. This is a straightforward initial Section 16 filing rather than a transaction report. For investors, the absence of disclosed holdings means there is no Section 16 ownership record to interpret for alignment or selling/buying signals; it neither signals dilution nor a fresh insider purchase. The filing includes routine Exhibit 24 (power of attorney) and is executed by the reporting person.

Corporate Governance Expert

TL;DR: Procedural compliance confirmed; the CEO/director has formally reported zero beneficial ownership.

The submission meets Section 16 initial reporting requirements by identifying the reporting person, role (Director and CEO), corporate address, and signing the form. The explicit statement that no securities are beneficially owned should be monitored for future amendments or subsequent Forms 4/5 that would record any acquisitions or dispositions. As of this filing date, there are no disclosed insider holdings to evaluate for governance alignment.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Bailey David F

(Last) (First) (Middle)

5097 S 900 E SUITE 100

(Street)

SALT LAKE CITY UT 84117

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/14/2025

3. Issuer Name and Ticker or Trading Symbol
Kindly MD, Inc. [ NAKA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ David Bailey	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 3 for Kindly MD, Inc. (NAKA)?

David F. Bailey, listed as a Director and Chief Executive Officer, filed the Form 3.

Does the Form 3 report any securities beneficially owned by the reporting person?

No. The filing explicitly states that no securities are beneficially owned by the reporting person.

When was the event requiring the Form 3 filed?

The date of the event requiring the statement is 08/14/2025.

Was the Form 3 filed individually or jointly?

The form was filed by one reporting person (individual filing).

Is there any power of attorney or exhibit included with the filing?

Yes, the filing references Exhibit 24 - Power of Attorney.