Wallachbeth announces closing of kindlymd's $6.8m ipo

Jersey city, n.j. , june 3, 2024 /prnewswire/ -- wallachbeth capital llc, a leading provider of capital markets and institutional execution services, announced today that kindlymd, inc. (nasdaq: kdly; kdlyw) a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies has completed its previously announced ipo of 1,240,910 units at a price of $5.50 per unit for a total of approximately $6.8 million of gross proceeds to the company, prior to deducting underwriting discounts and offering expenses.
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