---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-029420"
form_type: "8-K"
ticker: "ONMD"
cik: "0001849380"
company_name: "OneMedNet Corp"
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:46:59.777082+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OneMedNet raises $4.6M in private placement; uses $1.8M to buy Bitcoin

## Summary
- Gross proceeds of $4.6M from sale of stock and pre-funded warrants to institutional investors.
- Sold 1,297,059 shares at $1.0278/share and 1,323,530 pre-funded warrants at $1.0278/share to Off the Chain affiliate.
- Sold 2,301,791 shares at $0.85/share to Discovery Capital Management affiliate; private placement closed July 25, 2024.
- Used $1.8M of net proceeds to purchase Bitcoin (BTC); remainder for working capital and general purposes.
- Registration rights agreement filed to resell shares; voting agreement with one investor on board-recommended matters.

## SEC filing metadata
- accession: 0001493152-24-029420
- form_type: 8-K
- ticker: ONMD
- cik: 0001849380
- company_name: OneMedNet Corp
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849380/000149315224029420/0001493152-24-029420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849380/000149315224029420/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-029420
- JSON: https://secwatch.observer/filing/0001493152-24-029420.json
- Plain text: https://secwatch.observer/filing/0001493152-24-029420.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.