OneMedNet raises $3.7M equity, converts $6.6M debt, settles $4.3M payables

OneMedNet Corp

Private placement raised ~$2.5M via 3.39M shares and 2.56M pre-funded warrants at $0.42/share.
Insider investments: Dr. Kosasa ($500K, 1.19M shares) and Dr. Yu ($700K, 1.67M shares) at same $0.42 price.
Converted $3.3M shareholder loans from Kosasa and Yu into 4.69M shares at $0.71/share.
Settled ~$4.34M trade payables including $2.76M deferred underwriter fees to EF Hutton; reflected in Q2.
Total reduction of ~$11.0M in current liabilities, a 60% decrease from March 31, 2025 balance.

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