KindlyMD's Lowest Stock Price Triggers Nasdaq Delisting Warning

According to BlockBeats, KindlyMD (ticker: NAKA), a publicly traded Bitcoin treasury company, faces an urgent delisting threat as its lowest stock price touches critical regulatory thresholds. The company’s shares have plunged below $1 for 30 consecutive trading days, with recent trading at $0.38—a level that puts the firm’s Nasdaq listing in jeopardy. To avoid being delisted, KindlyMD must drive its stock price above $1 and maintain that level for at least 10 consecutive trading days before the June 8, 2026 deadline.

When Lowest Stock Price Meets Regulatory Requirements

The regulatory framework is unforgiving: a stock remaining below $1 for an extended period triggers automatic compliance reviews. KindlyMD’s lowest stock price challenge began in late October when shares first dropped beneath the $1 threshold. Now, with approximately four months until the June 8 deadline, the company faces mounting pressure to execute a meaningful recovery. The 30-day minimum violation has already been recorded, making this a critical window for corrective action.

Strong Bitcoin Holdings Offset Equity Concerns

Despite equity market struggles, KindlyMD maintains substantial cryptocurrency reserves. The company holds 5,398 Bitcoins, positioning it as the 19th largest corporate Bitcoin holder globally. This significant digital asset portfolio demonstrates the firm’s strategic positioning in the emerging Bitcoin treasury asset class, even as its lowest stock price creates immediate headwinds in traditional equity markets.

From Reverse Merger to 99% Collapse

KindlyMD’s current predicament stands in stark contrast to its recent history. The company was acquired by Nakomoto through a reverse merger in August, a transaction meant to expand its market presence. However, since reaching an all-time high in May, the stock has collapsed by 99%, erasing nearly all gains from its peak valuation. This dramatic decline from heights to lowest stock price levels illustrates the volatility of publicly traded Bitcoin treasury companies in volatile markets.