Business Context and Reporting Period
Company: OneMedNet Corporation (ONMD)
Filing Type: Form 8-K (Current Report)
Date of Report: September 11, 2025
Reporting Period: Event date September 11, 2025; Signature date September 15, 2025
Business Context: The Company is an emerging growth company incorporated in Delaware, with common stock and redeemable warrants listed on The Nasdaq Stock Market LLC.
Key Financial Metrics
This filing is a Current Report (Form 8-K) regarding a corporate event and does not contain financial statements. Consequently, the filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The material change reported is the resolution of a Nasdaq listing deficiency:
- Previous Status: On March 12, 2025, the Company received notice of non-compliance with Nasdaq Listing Rule 5550(b)(2) due to failing to maintain a minimum market value of listed securities of $35,000,000.
- Current Status: On September 11, 2025, the Company received notice that it regained compliance. The market value of listed securities was $35,000,000 or greater for the last 10 consecutive business days (August 27, 2025, to September 10, 2025).
- Outcome: The matter regarding the listing deficiency is now closed.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the successful conclusion of the grace period granted by Nasdaq to regain compliance with market value requirements.
Risks and Contingencies: The primary risk addressed was potential delisting due to insufficient market value. This risk has been mitigated as of the report date. No new risks, contingencies, or unusual items are disclosed in this specific filing.
Guidance: No forward-looking financial guidance or operational outlook is provided in this document.
Investor Verification Checklist
- Verify the current market capitalization of OneMedNet Corporation to ensure continued compliance with Nasdaq listing standards.
- Confirm the trading status of Common Stock (ONMD) and Redeemable Warrants (ONMDW) on The Nasdaq Stock Market LLC.
- Review subsequent filings for any new listing deficiency notices or changes in the Company's emerging growth company status.