KindlyMD, Inc. announced on May 18, 2025, that its shareholders have approved the proposed merger agreement and related transactions with Nakamoto Holdings Inc. Holders of a majority of the outstanding common stock delivered a written consent for the approval.
This milestone brings the company closer to unlocking Bitcoin's potential for KindlyMD shareholders, according to David Bailey, Founder and CEO of Nakamoto. The merger is expected to close 20 days after the mailing of an information statement to KindlyMD shareholders.
The approval signifies a critical step in KindlyMD's strategic transformation into a dual-identity enterprise, combining its healthcare services with an institutional-grade Bitcoin treasury vehicle.
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