regulatory
confidence high
sentiment negative
materiality 0.60
OneMedNet receives Nasdaq deficiency notice for minimum bid price non-compliance
OneMedNet Corp
- Received Nasdaq letter on Oct 16, 2024 for common stock failing minimum $1.00 bid price for 30 consecutive business days.
- Company has 180 days, until April 14, 2025, to regain compliance by closing bid at $1.00 for 10 consecutive days.
- If not cured, company may be eligible for additional 180 days if it meets other standards and intends to reverse split if needed.
- Company will monitor and evaluate options to resolve deficiency; no immediate effect on listing.