---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-016223"
form_type: "8-K"
ticker: "ONMD"
cik: "0001849380"
company_name: "OneMedNet Corp"
filed_at: "2025-06-24T23:59:59+00:00"
generated_at: "2026-05-18T22:55:58.066372+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-016223
- form_type: 8-K
- ticker: ONMD
- cik: 0001849380
- company_name: OneMedNet Corp
- filed_at: 2025-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849380/000164117225016223/0001641172-25-016223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849380/000164117225016223/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-016223
- JSON: https://secwatch.observer/filing/0001641172-25-016223.json
- Plain text: https://secwatch.observer/filing/0001641172-25-016223.txt

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