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Nasdaq warns OneMedNet (ONMD) on sub-$1 share price and delisting risk
OneMedNet Corporation (ONMD) has received a notice from Nasdaq stating it is not in compliance with the minimum $1.00 bid price requirement, as its stock traded below this level for 30 consecutive business days. The company has until October 12, 2026, to regain compliance by ensuring its share price closes at or above $1.00 for ten consecutive business days. OneMedNet may consider options like a reverse stock split to address the deficiency, but there is no guarantee of regaining compliance, and failure could lead to delisting.