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

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 Kindly MD’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end 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 Price Performance

Shares of KDLY stock opened at $2.45 on Wednesday. Kindly MD has a 12-month low of $2.05 and a 12-month high of $4.20.

Kindly MD Company Profile

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.