Kindly MD sign up PIPE financing shares stock price may face short-term Fluctuation

[Coin World] On September 15, David Bailey, CEO of Kindly MD, stated on social media that the company submitted Form S3 on September 12, registering shares sold in the PIPE financing. As these shares enter the market, the company expects stock price fluctuations may intensify in the short term. For shareholders seeking short-term trades, the company recommends exiting. This transitional phase may bring uncertainty, and the company looks forward to emerging on the other side with consistency and confidence alongside its supporters. Kindly MD has been working hard to prepare for upcoming developments, has made plans, and is ready. According to official information, since the launch of the Bitcoin strategy, the company has completed $742 million in financing and merger transactions and has established over 5,700 Bitcoin vaults. According to market data, as of the time of writing, Kindly MD, Inc. (NAKA) is down 55.75% in pre-market trading.

PIPE financing is a way to raise funds by selling shares to private investors, typically issuing shares at a discount to the market price. After the registration of the S-3 form is completed, these shares can enter the public market for trading. With the introduction of a large number of new shares (in this case, the shares from PIPE financing), the supply of stocks in the market increases. If the demand does not increase correspondingly, this may put downward pressure on the stock price, leading to fluctuation.