secwatch.observer — SEC 8-K summary
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Issuer:     OneMedNet Corp (ONMD)
CIK:        0001849380
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001493152-24-024878
Event type: regulatory
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMedNet receives Nasdaq notice for late 10-Q; appoints new auditor, secures $25M SEPA
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- Received Nasdaq delinquency notice on June 20, 2024 for late Form 10-Q; 60 days to submit plan, possible extension to Dec 11, 2024.
- Appointed WithumSmith+Brown as new auditor on June 3, 2024 after BF Borgers banned by SEC.
- Entered standby equity purchase agreement with Yorkville for up to $25M; $1.5M convertible note advanced June 18, 2024.
- Regained compliance with Nasdaq minimum bid price rule (Listing Rule 5550(a)(2)) on June 10, 2024.
- Prior $4.54M Helena Global convertible note facility was terminated on June 14, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849380/000149315224024878/0001493152-24-024878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849380/000149315224024878/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-024878

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