IPO - Kindly MD, Inc.

Add to your watchlist
Back to List of IPO Filings

Form Type: 424B4

Filing Date: 2025-05-07

Corporate Action: Ipo

Type: New

Accession Number: 000164117225008901

Filing Summary: Kindly MD, Inc. filed this prospectus to offer and sell up to 2,059,811 shares of common stock underlying previously issued warrants in connection with its initial public offering (IPO). These warrants include tradeable, non-tradeable, and representative's warrants, all with an exercise price of $6.33 and set to expire five years from issuance. The offer does not include sales of common stock by the company, as all proceeds will go to the warrant holders. The common stock and warrants are listed on the Nasdaq under symbols 'KDLY' and 'KDLYW', respectively. The document outlines the company’s business model focused on healthcare data services that reduce opioid use and provide personalized treatments, alongside financial performance and risk factors associated with investing in the securities. The filing includes references to the current market landscape, growth strategies, competitive advantages, and the regulatory environment affecting the company's operations. Key financial data reflects an operating loss of over $3 million for 2024 and a total equity deficit, indicating financial challenges despite growth potential in the healthcare sector.

Additional details:

Shares Issued: 2059811


Exercise Price: 6.33


Common Stock Symbol: KDLY


Warrant Symbol: KDLYW


Operating Loss 2024: 3346771


Working Capital: 1899602


Total Assets: 3677992


Total Liabilities: 1109682


Comments

No comments yet. Be the first to comment!