Latest news with #DavidBailey
Business Wire
5 hours ago
- Business
- Business Wire
KindlyMD and Nakamoto Announce the Filing of the Definitive Information Statement in Connection with Proposed Merger
SALT LAKE CITY--(BUSINESS WIRE)--Kindly MD, Inc. (NASDAQ: NAKA) ('KindlyMD'), a leading provider of integrated healthcare services, and Nakamoto Holdings Inc. ('Nakamoto'), a Bitcoin-native holding company, today announced that it has filed its definitive information statement with the U.S. Securities and Exchange Commission ('SEC') in connection with the proposed merger with Nakamoto. KindlyMD and Nakamoto expect to close the transaction on or around August 11, 2025, subject to other customary closing conditions. 'Filing the definitive information statement is a critical milestone for this merger and accelerates our mission of acquiring one million Bitcoin,' said David Bailey, Founder and CEO of Nakamoto. 'I'm very proud of the teams' collaboration at Nakamoto and KindlyMD to get us one step closer to closing the merger. Our shared enthusiasm for Bitcoin paired with our expertise in structuring this opportunity for public markets has created a strong foundation for the combined company's future.' 'We are proud to reach this important milestone alongside Nakamoto,' said Tim Pickett, Founder and CEO of KindlyMD. 'Our shareholders now have the opportunity to be part of a groundbreaking shift in how public companies approach treasury management, with Bitcoin at the center.' Holders of a majority of the outstanding common stock of KindlyMD previously approved the merger and related transactions through a written consent. About KindlyMD KindlyMD is a patient-first healthcare and healthcare data company redefining value-based care and patient-centered medical services. KindlyMD leverages data analysis to deliver evidence-based, personalized solutions in order to reduce opioid use, improve health outcomes faster, and provide algorithmic guidance on the use of alternative medicine in healthcare. KindlyMD provides a patient-focused healthcare experience that integrates traditional medical evaluation and management with mental health integration and compliant alternative medicine education and inclusion. It focuses on creating personalized care plans for each individual that get people back to work and life faster, reduce opioid use, and yield high patient satisfaction. Its specialty outpatient clinical services are reimbursed by Medicare, Medicaid, and commercial insurance contracts as well as offered on a fee-for-service basis. For more information, please visit About Nakamoto Nakamoto is a Bitcoin treasury company building a global portfolio of Bitcoin-native companies. Nakamoto plans to establish the first publicly traded conglomerate of Bitcoin companies by accumulating Bitcoin in its treasury and by leveraging its treasury to acquire and develop an ecosystem of Bitcoin companies across finance, media, advisory and more. The company aims to provide commercial and financial infrastructure for the next generation of capital markets. For more information, please visit Additional Information and Where to Find It In connection with the merger, PIPE Financing and the initial PIPE financing and debt financing announced on May 12, 2025 and the PIPE financing announced on June 19, 2025 (collectively, the 'Transactions'), KindlyMD has filed with the SEC a definitive information statement (the 'information statement'), and KindlyMD will file other documents regarding the Transactions with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE INFORMATION STATEMENT, AS MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, AND OTHER RELEVANT DOCUMENTS FILED BY KINDLYMD WITH THE SEC BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT KINDLYMD AND NAKAMOTO, THE TRANSACTIONS, THE RISKS RELATED THERETO AND RELATED MATTERS. A definitive information statement will be mailed to shareholders of KindlyMD. Investors will be able to obtain free copies of statement, as may be amended from time to time, and other relevant documents filed by KindlyMD with the SEC (when they become available) through the website maintained by the SEC at Copies of documents filed with the SEC by KindlyMD, including the information statement (when available), will be available free of charge from KindlyMD's website at under the 'Investors' tab. Forward-Looking Statements All statements, other than statements of historical fact, included in this release that address activities, events or developments that Kindly MD or Nakamoto expects, believes or anticipates will or may occur in the future are forward-looking statements. Words such as 'estimate,' 'project,' 'predict,' 'believe,' 'expect,' 'anticipate,' 'potential,' 'create,' 'intend,' 'could,' 'would,' 'may,' 'plan,' 'will,' 'guidance,' 'look,' 'goal,' 'future,' 'build,' 'focus,' 'continue,' 'strive,' 'allow' or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements include, but are not limited to, statements regarding the proposed merger and related transactions, (collectively, the 'Transactions') the expected closing of the proposed Transactions and the timing thereof and as adjusted descriptions of the post-transaction company and its operations, strategies and plans, integration, debt levels and leverage ratio, capital expenditures, cash flows and anticipated uses thereof, synergies, opportunities and anticipated future performance, including the management team and board of directors of the combined company and expected use of proceeds from the Transactions, and any post-closing transactions contemplated between the combined company and BTC Inc (and/or UTXO, LLC through BTC Inc). Information adjusted for the proposed Transactions should not be considered a forecast of future results. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this release. These include the risk that Kindly MD and Nakamoto businesses (which may include the businesses of BTC Inc and/or UTXO in the future, as applicable) will not be integrated successfully and the risk that Kindly MD or the applicable governing bodies of BTC Inc and/or UTXO may not pursue or approve the terms of an acquisition of BTC Inc and/or UTXO; the risk that cost savings, synergies and growth from the proposed transaction may not be fully realized or may take longer to realize than expected; the possibility that shareholders of Kindly MD may not approve the issuance of new shares of Kindly MD common stock in the Transactions or that shareholders of Kindly MD may not approve the Transactions; the risk that a condition to closing of the Transactions may not be satisfied, that either party may terminate the merger agreement, the subscription agreements of the convertible debt purchase agreement or that the closing of the Transactions might be delayed or not occur at all; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Transactions; the parties do not receive regulatory approval of the Transactions; the occurrence of any other event, change, or other circumstances that could give rise to the termination of the merger agreement relating to the Transactions; the risk that changes in Kindly MD's capital structure and governance could have adverse effects on the market value of its securities; the ability of Kindly MD and Nakamoto to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on Kindly MD and Nakamoto's operating results and business generally; the risk the Transactions could distract management from ongoing business operations or cause Kindly MD and/or Nakamoto to incur substantial costs; the risk that Kindly MD may be unable to reduce expenses or access financing or liquidity; the impact of any related economic downturn; the risk of changes in governmental regulations or enforcement practices; and other important factors that could cause actual results to differ materially from those projected. All such factors are difficult to predict and are beyond Kindly MD's and Nakamoto's control, including those detailed in Kindly MD's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and such other documents of Kindly MD filed, or to be filed, with the SEC that are or will be available on Kindly MD's website at and on the website of the SEC at All forward-looking statements are based on assumptions that Kindly MD and Nakamoto believe to be reasonable but that may not prove to be accurate. Any forward-looking statement speaks only as of the date on which such statement is made, and neither Kindly MD or Nakamoto undertakes any obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Yahoo
2 days ago
- Sport
- Yahoo
Chiefs scouting report: Texas Tech Red Raiders DE David Bailey
The Kansas City Chiefs stayed true to their preferences when they selected Ashton Gillotte over more explosive pass rushers in the 2025 NFL draft. The front office might still be haunted by missing on Felix Anudike-Uzomah, but Kansas City needs to diversify its defensive end room. Fortunately, the 2026 NFL draft features several high-ranking, athletic sack artists. David Bailey began his career at Stanford before transferring to Texas Tech for the upcoming season. Draft analysts view him as one of the top edge rushers in the class. The Athletic's Dane Brugler recently ranked him in the top five for prospects at the position. The 2026 draft features several other explosive rushers, including Anto Saka, R Mason Thomas and Boubacar Traore, but Bailey is the best version of that archetype. Bailey accelerates off the line of scrimmage with an explosive first step that generates some instantaneous wins. Offensive linemen struggle to match his speed up the arc. The phrase 'if he's even, he's leaving' usually refers to wide receivers beating cornerbacks, but it applies to Bailey's style of play too. Even if the offensive tackle keeps pace, Bailey's springy agility helps him work across the lineman's face and into the B-gap for a counterattack. Bailey's loose frame bends low to the ground to dip under the offensive tackle's hands and flatten his rush angle to the quarterback. This is an element largely absent from Kansas City's current pass rush rotation, which focuses on defensive ends, like Gillotte and George Karlaftis, who build their rush plans around power. Bailey's pass rush plan includes club-swims, rips, speed rushes around the corner or through the B-gap, swipe-rips and a developmental spin move. He lacks the bulk to consistently win with bull rushes but generates some push by converting speed to power. Bailey's pass rush arsenal is still incomplete, but his skill set complements Kansas City's current defensive end room. Bailey isn't a high-level run defender, but his speed and range make him a threat to pursue screen plays or running backs downfield. This article originally appeared on Chiefs Wire: 2026 NFL draft scouting report: Texas Tech Red Raiders DE David Bailey
USA Today
2 days ago
- Sport
- USA Today
Chiefs scouting report: Texas Tech Red Raiders DE David Bailey
Play of the Day No. 53: New Texas Tech edge rusher David Bailey gets the original strip-sack, but then Gaethan Bernadel delivers a massive hit to force another fumble and set up the defensive touchdown for Stanford (Stanford vs. San Jose State, 2024). #POTD #NFLDraft2026 The Kansas City Chiefs stayed true to their preferences when they selected Ashton Gillotte over more explosive pass rushers in the 2025 NFL draft. The front office might still be haunted by missing on Felix Anudike-Uzomah, but Kansas City needs to diversify its defensive end room. Fortunately, the 2026 NFL draft features several high-ranking, athletic sack artists. David Bailey began his career at Stanford before transferring to Texas Tech for the upcoming season. Draft analysts view him as one of the top edge rushers in the class. The Athletic's Dane Brugler recently ranked him in the top five for prospects at the position. The 2026 draft features several other explosive rushers, including Anto Saka, R Mason Thomas and Boubacar Traore, but Bailey is the best version of that archetype. Bailey accelerates off the line of scrimmage with an explosive first step that generates some instantaneous wins. Offensive linemen struggle to match his speed up the arc. The phrase 'if he's even, he's leaving' usually refers to wide receivers beating cornerbacks, but it applies to Bailey's style of play too. Even if the offensive tackle keeps pace, Bailey's springy agility helps him work across the lineman's face and into the B-gap for a counterattack. Bailey's loose frame bends low to the ground to dip under the offensive tackle's hands and flatten his rush angle to the quarterback. This is an element largely absent from Kansas City's current pass rush rotation, which focuses on defensive ends, like Gillotte and George Karlaftis, who build their rush plans around power. Bailey's pass rush plan includes club-swims, rips, speed rushes around the corner or through the B-gap, swipe-rips and a developmental spin move. He lacks the bulk to consistently win with bull rushes but generates some push by converting speed to power. Bailey's pass rush arsenal is still incomplete, but his skill set complements Kansas City's current defensive end room. Bailey isn't a high-level run defender, but his speed and range make him a threat to pursue screen plays or running backs downfield.
Yahoo
2 days ago
- Business
- Yahoo
Trump's Crypto Insider Just Turned $1 Million Into $100 Million -- And He's Not Done Yet
David Bailey the crypto insider who helped flip Donald Trump into a Bitcoin (BTC-USD) backer just pulled off one of the most aggressive plays in crypto investing. His hedge fund, 210k Capital, notched a 640% return over the past 12 months by backing small public companies that pivoted into Bitcoin holdings. Instead of chasing Bitcoin (or ETFs) directly, Bailey and his team have turned companies in sectors as far-flung as hospitality and web design into Bitcoin treasury vehicles. One example: UK-based Smarter Web, whose stock jumped roughly 14,000% after the shift. 210k Capital now manages $433 million, up from $44 million before the strategy caught fire and it's still scaling. The biggest winners so far? Metaplanet and Smarter Web. The fund invested early in both putting 780,000 into Smarter Web's pre-IPO round and $1 million into Metaplanet warrants just as each company pivoted to accumulate Bitcoin. Today, those positions are worth about 110 million and $106 million, respectively. Metaplanet's stock has surged over 9,000% since April 2024. Bailey is now on Metaplanet's advisory board, and Trump's son Eric is part of its strategic team. The Trump-Bailey orbit is tight Trump even gave Bailey a public shout-out during a major Bitcoin event last year. Since then, crypto-friendly sentiment has grown louder, and Bailey has been among the most aggressive at monetizing it through public markets. Looking ahead, 210k Capital isn't slowing down. Managing Partner Tyler Evans says the firm is actively pursuing 30 more Bitcoin proxy deals not just in the U.S. and Europe, but also in markets like India, South Korea, and Southeast Asia, where Bitcoin ETFs haven't launched yet. The goal? Embed with management, engineer the treasury pivot, and ride the wave. It's risky these stocks can be volatile, as seen when Smarter Web dropped 55% from its June peak but if early returns are any sign, this playbook could be one of the most profitable (and unconventional) in crypto's next chapter. This article first appeared on GuruFocus.
Bloomberg
4 days ago
- Business
- Bloomberg
David Bailey Sold Trump on Crypto. Now His Hedge Fund Is Up 640%
A key architect of the lobbying campaign that turned Donald Trump into crypto's most powerful advocate has made a wildly lucrative bet on one of the industry's frothiest corners. David Bailey's hedge fund 210k Capital posted a net return of 640% in the 12 months through June after investing in about a dozen companies that turned themselves into Bitcoin buyers, according to a person familiar with the matter, far exceeding gains in the token itself. The fund had $433 million in assets under management as of June 30, according to the person.
