KindlyMD and Nakamoto file definitive merger statement with U.S. SEC

KindlyMD (NASDAQ: NAKA), an integrated healthcare provider, and Nakamoto Holdings, a Bitcoin-focused holding company, announced in a July 22 Business Wire release that they have submitted their definitive information statement to the U.S. Securities and Exchange Commission (SEC) for their planned merger. The companies expect to complete the transaction around Aug. 11. The merger agreement, first announced in May, is intended to create a publicly traded Bitcoin treasury vehicle. At the time, the combined entity disclosed it had secured $710 million in financing. Nakamoto was founded by David Bailey, a former crypto adviser to Donald Trump’s presidential campaign.