OneMedNet receives Nasdaq deficiency notice for MVLS below $35M, faces potential delisting

OneMedNet Corp

Nasdaq notified OneMedNet that MVLS was below $35M for 31 consecutive business days as of March 12, 2025.
Also noted non-compliance with minimum stockholders' equity of $2.5M and net income from continuing operations of $500K.
Company has 180 days, until September 8, 2025, to regain compliance by closing MVLS at or above $35M for 10 consecutive days.
If compliance not regained, Nasdaq will issue delisting notice; company may appeal to hearings panel.
OneMedNet intends to monitor and evaluate options but provides no assurance of regaining compliance.

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