KindlyMD delayed releasing its Q3 financial report, causing its stock price to fall by nearly 10%.

PANews reported on November 18th that, according to Decrypt, KindlyMD (NASDAQ: NAKA), a Bitcoin vault company, saw its stock price fall nearly 10% on Monday, closing at $0.55, after failing to submit its third-quarter earnings report on time. The stock has fallen 25% over the past week and has accumulated a decline of over 95% since six months ago.

The company filed a notice with the U.S. SEC last Friday, stating that it would take more time to complete its financial reporting due to the complex accounting treatment of the Nakamoto merger transaction.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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