PANews November 18 news, according to Decrypt, Bitcoin vault company KindlyMD (NASDAQ: NAKA) fell nearly 10% on Monday due to its inability to submit the third quarter financial report on time, closing at $0.55. The stock has fallen 25% over the past week, with a cumulative decline of over 95% compared to six months ago.
The company submitted a notice to the US SEC last Friday, stating that due to the complex accounting treatment from the Nakamoto merger transaction, more time is needed to complete the financial report.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
KindlyMD latency discloses Q3 financial report, stock price falls nearly 10%
PANews November 18 news, according to Decrypt, Bitcoin vault company KindlyMD (NASDAQ: NAKA) fell nearly 10% on Monday due to its inability to submit the third quarter financial report on time, closing at $0.55. The stock has fallen 25% over the past week, with a cumulative decline of over 95% compared to six months ago. The company submitted a notice to the US SEC last Friday, stating that due to the complex accounting treatment from the Nakamoto merger transaction, more time is needed to complete the financial report.