regulatory
confidence high
sentiment negative
materiality 0.60
OneMedNet receives Nasdaq bid price deficiency notice; 180 days to cure
OneMedNet Corp
- Notice received April 10, 2025; common stock closing bid below $1.00 for 30 consecutive business days.
- Company has until October 7, 2025 to regain compliance by closing at $1.00 or more for 10 consecutive days.
- If not cured, may qualify for additional 180-day period by meeting other Nasdaq standards and implementing reverse stock split.
- Company may consider reverse stock split to address deficiency; no assurance of regaining compliance.