Medical cannabis treatment data company Kindly MD files for IPO

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Kindly MD Inc., a Salt Lake City-based non-traditional medical treatment data company, plans to go public, according to a filing with the Securities and...

Kindly MD Inc., a Salt Lake City-based non-traditional medical treatment data company, plans to go public, according to a filing with the Securities and Exchange Commission late Wednesday. The company said it plans to offer common stock and tradeable warrants that trade on the Nasdaq under the ticker symbols “KDLY” and “KDLYW,” respectively. WallachBeth Capital LLC was listed as the sole underwriter.

The company uses healthcare data focused on better pain management to help reduce the impact of the opioid epidemic. In the filing, Kindly MD said it was “one of the largest providers of medical evaluation and management services related to treatment recommendations within the medical cannabis program in Utah,” serving more than 14,800 active patients, or about 21% of the total Utah medical cannabis patient population. In 2022, the company reported revenue of $3.8 million, and a loss of $2.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta Platforms Inc. stock rises Tuesday, outperforms marketShares of Meta Platforms Inc. inched 0.83% higher to $305.07 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the...
Source: MarketWatch - 🏆 3. / 97 Read more »

Berkshire Hathaway Inc. Cl B stock outperforms market on strong trading dayShares of Berkshire Hathaway Inc. Cl B inched 0.01% higher to $370.48 Tuesday, on what proved to be an all-around dismal trading session for the stock...
Source: MarketWatch - 🏆 3. / 97 Read more »

Alphabet Inc. Cl A stock falls Tuesday, still outperforms marketShares of Alphabet Inc. Cl A shed 0.12% to $138.04 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500...
Source: MarketWatch - 🏆 3. / 97 Read more »