Details of the merger

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The merger between KindlyMD and Nakamoto Holdings has atracted $710 million in funding marking the largest capital raise to date for a Bitcoin treasury company
The company created by the merger of Nakamoto and KindlyMD will be led by David Bailey as CEO, with Tim Pickett continuing to oversee KindlyMD’s healthcare operations
The company created by the merger of Nakamoto and KindlyMD will have 7 board members, 6 from Nakamoto and 1 from KindlyMD
The Nakamoto–KindlyMD $710 million merger consists of $510 million private investment in public equity from over 200 global backers, including VanEck and a purchase of $200 million in secured convertible notes from a fund managed by Yorkville Advisors
After the merger of Nakamoto and KindlyMD, KindlyMD shares will continue trading on Nasdaq under the ticker “KDLY” until a new name and symbol are adopted for a merged company

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Nakamoto to merge with KindlyMD

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