secwatch.observer — SEC 8-K summary
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Issuer:     OneMedNet Corp (ONMD)
CIK:        0001849380
Form:       8-K
Filed at:   2024-02-09T23:59:59+00:00
Accession:  0001493152-24-005699
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMedNet receives Nasdaq notice for MVLS < $50M; 180-day cure period
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- Nasdaq notice dated Feb 7, 2024: market value of listed securities below $50M for 30 consecutive business days.
- Company has until Aug 5, 2024 to regain compliance with Minimum MVLS Requirement.
- Compliance achievable if MVLS closes at $50M+ for ten consecutive business days.
- Failure may lead to delisting; possible appeal or transfer to Nasdaq Capital Market.
- No immediate effect on trading; management evaluating actions to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849380/000149315224005699/0001493152-24-005699-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849380/000149315224005699/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005699

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