regulatory
confidence high
sentiment positive
materiality 0.60
OneMedNet regains Nasdaq minimum bid price compliance, delisting risk resolved
OneMedNet Corp
- On March 26, 2024, Nasdaq notified OneMedNet of non-compliance with $1.00 minimum bid price; 180-day cure period ran to Sep 23, 2024.
- Closing bid price was at least $1.00 for 11 consecutive business days from May 23 to June 7, 2024.
- Nasdaq confirmed compliance with Listing Rule 5550(a)(2) on June 10, 2024; deficiency matter closed.
- Both Class A common stock (ONMD) and redeemable warrants (ONMDW) continue trading on The Nasdaq Stock Market.