OneMedNet (ONMD) restores Nasdaq listing compliance after meeting $35M value test
Rhea-AI Filing Summary
OneMedNet Corporation has regained compliance with Nasdaq’s continued listing standards. The company previously received a notice on March 12, 2025 stating that its market value of listed securities had fallen below the required $35,000,000 threshold under Nasdaq Listing Rule 5550(b)(2).
Nasdaq staff has now notified OneMedNet that for 10 consecutive business days, from August 27, 2025 to September 10, 2025, the company’s market value of listed securities was at or above $35,000,000. As a result, OneMedNet is again in compliance with Nasdaq Listing Rule 5550(b)(2), and Nasdaq considers the matter closed, allowing its common stock and warrants to remain listed on The Nasdaq Capital Market.
Positive
- Nasdaq listing compliance restored: OneMedNet’s market value of listed securities met or exceeded $35,000,000 for 10 consecutive business days, bringing it back into compliance with Nasdaq Listing Rule 5550(b)(2) and closing the deficiency matter.
Negative
- None.
Insights
OneMedNet has restored compliance with Nasdaq’s market value rule, closing a prior listing deficiency.
The company had been under pressure since a March 12, 2025 notice from Nasdaq staff that its market value of listed securities was below the required $35,000,000 for The Nasdaq Capital Market under Rule 5550(b)(2). Such a deficiency can eventually lead to delisting if not remedied within the grace period, which can affect liquidity and perception among investors.
The new notice states that for 10 consecutive business days, from August 27, 2025 to September 10, 2025, OneMedNet’s market value of listed securities was at least $35,000,000. Nasdaq now deems the company back in compliance and has closed the matter. This removes the immediate overhang of a potential delisting tied to this specific rule, although ongoing compliance with Nasdaq’s other listing criteria will remain important in future company disclosures.