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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin