Material Event (Form 8-K)

Item 8.01 Other Events.

On September 15, 2025, Kindly MD, Inc., a Utah corporation (the "Company") issued a notice of redemption ("Redemption Notice") to the holder of its Secured Convertible Debenture, dated August 15, 2025 (the "Debenture"), in accordance with Section 2(a)(i) of the Debenture.

Pursuant to the Redemption Notice, on September 29, 2025 (the "Redemption Date") the Company will redeem all amounts outstanding under the Debenture that have not been converted prior to or on the Redemption Date in cash equal to 100% of the outstanding principal amount of the Debenture, plus a 1.5% payment premium, with any such cash amounts delivered to the holder of the Debenture on September 30, 2025. If the holder of the Debenture does not elect to convert the Debenture, the total redemption amount plus 1.5% payment premium would be equal to $203,000,000. There will be no accrued or unpaid interest due and payable under the Debenture as of the Redemption Date.

A copy of the Debenture is attached hereto as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated into this Item 8.01 by reference.