U.S. stocks BTC Treasury stock NAKA plummeted in pre-market trading, as the company announced that PIPE financing shares are about to enter the public market

ChainCatcher news, Kindly MD CEO David Bailey posted on social media that the company submitted Form S-3 on September 12, registering the shares sold in the PIPE financing. As these shares enter the market, the company expects stock price volatility may intensify in the short term. For shareholders seeking short-term trades, the company advises to exit.

This transitional phase may bring uncertainty, and the company looks forward to emerging on the other side with consistency and conviction alongside its supporters. Kindly MD has been working hard to prepare for upcoming developments, having formulated plans and being ready. According to official information, since the launch of its Bitcoin strategy, the company has completed $742 million in financing and merger transactions and 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. Note: PIPE financing is a method of raising funds by selling shares to private investors, typically at a discount to the market price. Once the S-3 registration is completed, these shares can enter public market trading. The introduction of a large number of new shares (in this case, shares from PIPE financing) increases the supply of stock in the market. If demand does not increase correspondingly, this may put downward pressure on the stock price, leading to volatility.