# EDGAR Filing Document

**Accession Number:** 0001843661
**File Stem:** 0001493152-26-026690
**Filing Date:** 2026-6
**Character Count:** 12841
**Document Hash:** 57a2a327fc0f3354d3049e4473db1340
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-026690.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0001493152-26-026690

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nakamoto Inc.
- **CENTRAL INDEX KEY:** 0001946573
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 843829824
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95051
- **FILM NUMBER:** 261053033

**BUSINESS ADDRESS:**
- **STREET 1:** 300 10TH AVE SOUTH
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37203
- **BUSINESS PHONE:** (385) 388-8220

**MAIL ADDRESS:**
- **STREET 1:** 300 10TH AVE SOUTH
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Kindly MD, Inc.
- **DATE OF NAME CHANGE:** 20220913
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bailey David F
- **CENTRAL INDEX KEY:** 0001843661

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 225 LIBERTY STREET
- **STREET 2:** 27TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Nakamoto Inc.**

*(Name of Issuer)*

**Common Stock, $0.001 par value per share**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**David Bailey**<br>c/o 300 10th Ave South,<br>Nashville TN 37203<br>(385) 388-8220

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**05/28/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**David Bailey** | Name of reporting person<br>**David Bailey** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**SC** | Source of funds (See Instructions)<br>**SC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**3175476.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3175476.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3175476.00** | Aggregate amount beneficially owned by each reporting person<br>**3175476.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.25%** | Percent of class represented by amount in Row (11)<br>**18.25%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, $0.001 par value per share

**(b) Name of Issuer:**
Nakamoto Inc.

**(c) Address of Issuer's Principal Executive Offices:**
300 10th Ave South, Nashville, TN, 37203

**Item 4. Purpose of Transaction**

The Reporting Person is the Chief Executive Officer and Chairman of the Board of Directors of the Issuer (the "Board"), and, accordingly, in such capacity, may have influence over the corporate activities of the Issuer, including activities which may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Subject to the Issuer's Insider Trading Policy and the agreements described in Item 6 of this Amendment, the Reporting Person may from time to time buy or sell securities of the Issuer as appropriate for his personal circumstances.  Except as described in this Amendment, the Reporting Person does not have any present plans or proposals that relate to or would result in any of the actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D, although, subject to the agreements described herein, the Reporting Person, at any time and from time to time, may review, reconsider and change his position and/or change his purpose and/or develop such plans and may seek to influence management of the Issuer or the Board with respect to the business and affairs of the Issuer and may from time to time consider pursuing or proposing such matters with advisors, the Issuer or other persons. The Reporting Person intends to continuously review his investment in the Issuer and may in the future determine to acquire additional securities of the Issuer or dispose of the securities of the Issuer owned by him or take any other available course of action, including surrendering or selling shares back to the Issuer for tax withholding obligations. Notwithstanding anything contained herein, the Reporting Person specifically reserves the right to change his intention with respect to any or all of such matters.

The Reporting Person is the Chairman and Chief Executive Officer of the Issuer and acquired the RSUs in that capacity, pursuant to the BTC Consulting Agreement.

Other than the shares of Common Stock acquired in the open-market purchases between May 26, 2026 and May 28, 2028, as described in Item 3 of this Amendment, the Reporting Person acquired the other securities pursuant to the Nakamoto Merger Agreement, the UTXO Merger Agreement, and the BTC Merger Agreement described in Item 3. As a result, the Reporting Person may have influence over the corporate activities of the Issuer.

The Reporting Person acquired an aggregate of 191,448 shares of Common Stock in open-market purchases between May 26, 2026 and May 28, 2026, at the prices set forth in Item 3 of this Amendment. The Reporting Person acquired such shares for investment purposes, using his personal funds.

The Reporting Person does not have any present plans or proposals as of the date hereof that relate to or would impact any of the transactions described in Item 4(a)-(j) of this Amendment.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The Reporting Person beneficially owns an aggregate of 3,175,476 shares of Common Stock. The percentage ownership set forth on Row (13) of the cover page of this Amendment is based on 17,402,048 shares of Common Stock outstanding at the close of business on May 28, 2026.

**(b)**
The Reporting Person has the sole power to vote or to direct the vote, sole power to dispose or to direct the disposition of all shares beneficially owned by him. Such shares are set forth on Rows (7) through (11) of the cover page of this Amendment. The information set forth in Rows (7) through (11) of the cover page of this Amendment is incorporated by reference, and gives effect to the Issuer's Reverse Stock Split.

**(c)**
Except as described under Item 3 above, the Reporting Person did not engage in any transactions in shares of the Issuer's Common Stock during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

As the Chairman and Chief Executive Officer of the Issuer, the Reporting Person has in the past and may receive future compensation in the form of Common Stock, options or other securities convertible into Common Stock. In connection with the Nakamoto Merger, the Reporting Person entered into a lock-up agreement (the "Nakamoto Lock-Up Agreement") with the Issuer and agreed that the shares of Common Stock (including securities convertible into or exercisable or exchangeable for Common Stock) held by the Reporting Person or received in connection with the Nakamoto Merger are subject to transfer restrictions (i) for 90 days with respect to 100% of the securities acquired through the completion of the Nakamoto Merger, and (ii) 180 days with respect to 50% of the securities acquired through the Nakamoto Merger, in each case subject to certain exceptions. The Nakamoto Lock-Up Agreement expired pursuant to the terms set forth therein on February 10, 2026.

Also in connection with the Nakamoto Merger, the Reporting Person, along with the other stockholders of Nakamoto Holdings, entered into that certain registration rights agreement, dated as of August 14, 2025, with the Issuer (the "Registration Rights Agreement"), pursuant to which, among other things, and subject to certain limitations set forth therein, certain holders of Common Stock of the Issuer have customary demand registration rights and the Issuer is obligated to prepare and file a registration statement registering the offer and sale of all of their Common Stock. In addition, the Reporting Person has the right to require the Issuer, pursuant to the Registration Rights Agreement and subject to certain limitations set forth therein, to effect a distribution of any or all of their shares of Common Stock by means of an underwritten offering. The Issuer is not obligated to effect any underwritten offering unless the dollar amount of the Reporting Person's registrable securities is reasonably likely to result in gross sale proceeds of at least $25 million. The Registration Rights Agreement also provides the stockholders of Nakamoto Holdings with certain customary piggyback registration rights.

Further, in connection with the Nakamoto Merger, the Issuer entered into the BTC Consulting Agreement, pursuant to which the Reporting Person serves as Chief Executive Officer of the Issuer and provides strategic leadership services to the Issuer. In connection with the UTXO Merger and the BTC Merger, the Reporting Person entered into a lock-up agreement (the "Lock-Up Agreement") with the Issuer and agreed that (i) during the period commencing at the closing of the UTXO Merger and the BTC Merger (the "Closing") and ending on the date that is six (6) months after the Closing, the Reporting Person will not, directly or indirectly, offer, sell, contract to sell, pledge, grant any option to purchase or otherwise dispose of, or engage in any hedging or derivative transactions with respect to 50% of the shares of Common Stock received pursuant to the UTXO Merger Agreement or BTC Merger Agreement, as applicable (other than, in the case of UTXO, the holdback shares) (or any securities issuable upon exercise, vesting or settlement of an option, warrant, restricted stock award, restricted stock unit of either BTC, UTXO, or Issuer), and will not make any demand for, or exercise any right with respect to, the registration of such securities, and (ii) during the period commencing at the Closing and ending on the date that is twelve (12) months after the Closing, the Reporting Person will be subject to the foregoing restrictions with respect to the remaining 50% of such securities, in each case subject to customary permitted transfers (including transfers to affiliates, family members and trusts for estate planning purposes, to charitable organizations, and pursuant to will or intestacy), provided that any permitted transferee agrees in writing to be bound by the Lock-Up Agreement for the remainder of the applicable restricted period.

There currently are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any other securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** David Bailey

**Signature:** /s/ David Bailey

**Name/Title:** David Bailey, Individually

**Date:** 06/01/2026