Kindly MD, Inc.’s (NASDAQ:KDLY) Quiet Period To End on July 10th

Kindly MD’s (NASDAQ:KDLY) quiet period is set to expire on Wednesday, July 10th. Kindly MD had issued 1,240,910 shares in its initial public offering on May 31st. The total size of the offering was $6,825,005 based on an initial share price of $5.50. During the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Kindly MD Trading Down 14.4 %

NASDAQ KDLY opened at $2.20 on Wednesday. Kindly MD has a 12-month low of $2.05 and a 12-month high of $4.20.

About Kindly MD

KindlyMD Inc is a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme.