KindlyMD Announces Pricing of $6.8 Million Initial Public Offering

KindlyMD, Inc., a healthcare and data company, announced the pricing of its initial public offering. The company will offer 1,240,910 units at $5.50 per unit, totaling approximately $6.8 million in gross proceeds. Each unit includes one share of common stock, one tradeable warrant, and one non-tradeable warrant. The securities will begin separate trading on NASDAQ under the symbols "KDLY" and "KDLYW" on May 31, 2024.

The offering, led by WallachBeth Capital LLC, is expected to close by June 3, 2024, subject to customary conditions. Additionally, KindlyMD has granted underwriters a 45-day option to purchase up to an additional 186,136 shares or warrants to cover over-allotments.

A copy of the final prospectus can be obtained from WallachBeth Capital LLC or the SEC’s website. This release does not constitute an offer to sell or solicitation to buy these securities.