secwatch.observer — SEC 8-K summary
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Issuer:     OneMedNet Corp (ONMD)
CIK:        0001849380
Form:       8-K
Filed at:   2026-09-29T12:30:21+00:00
Accession:  0001493152-26-044801
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

OneMedNet sets 1-for-10 reverse split effective Sept 29 to cure Nasdaq minimum bid price deficit
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- 1-for-10 reverse split effective 12:01 a.m. Eastern on September 29, 2026; approved by stockholders at the September 18, 2026 annual meeting, with the final ratio set by the board.
- Outstanding shares drop from roughly 60,125,902 (as of Sept 27, 2026) to about 6,012,591; the press release cites 59,286,450 shares outstanding as of Sept 24.
- Common stock keeps trading on the Nasdaq Capital Market under ONMD; new CUSIP is 68270C 202; no fractional shares issued, fractions rounded up.
- Company says the split is intended to regain compliance with Nasdaq's minimum bid price requirement and broaden investor interest; authorized share count and $0.0001 par value unchanged.
- Equity incentive plan reserves, RSUs, warrants and other equity instruments adjust proportionately; Continental Stock Transfer & Trust acts as exchange agent and transfer agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849380/000149315226044801/0001493152-26-044801-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849380/000149315226044801/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-044801

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