---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-043622"
form_type: "8-K"
ticker: "ONMD"
cik: "0001849380"
company_name: "OneMedNet Corp"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:29:00.553002+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# OneMedNet restates FY 2023; finds errors in convertible notes, warrants, stock comp, de-SPAC

## Summary
- Audit Committee determined on Nov 4, 2024 that prior FY 2023 financial statements should no longer be relied upon due to errors.
- Restated 10-K/A for fiscal year ended December 31, 2023 filed on November 5, 2024.
- Errors identified in accounting for convertible notes, warrants, stock-based compensation, and de-SPAC transaction.
- Reaudit by new auditor WithumSmith+Brown followed SEC's permanent ban of prior auditor BF Borgers in May 2024.
- The errors were discovered during reaudit of 2023 and 2022 financial statements due to insufficient audit procedures by BF Borgers.

## SEC filing metadata
- accession: 0001493152-24-043622
- form_type: 8-K
- ticker: ONMD
- cik: 0001849380
- company_name: OneMedNet Corp
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849380/000149315224043622/0001493152-24-043622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849380/000149315224043622/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-043622
- JSON: https://secwatch.observer/filing/0001493152-24-043622.json
- Plain text: https://secwatch.observer/filing/0001493152-24-043622.txt

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