OneMedNet (NASDAQ: ONMD) clears Nasdaq $1 minimum bid hurdle
Rhea-AI Filing Summary
OneMedNet Corporation reported that it has regained compliance with Nasdaq’s minimum bid price requirement for continued listing on The Nasdaq Capital Market. Nasdaq staff notified the company that, for 10 consecutive business days from September 24, 2025 through October 7, 2025, the closing bid price of its common stock was at least $1.00 per share, satisfying Nasdaq Listing Rule 5550(a)(2). With this notice, the prior bid price deficiency has been resolved and the listing compliance matter is now closed.
Positive
- Nasdaq compliance restored: The company has regained compliance with Nasdaq Listing Rule 5550(a)(2) after maintaining a closing bid price of at least $1.00 for 10 consecutive business days, closing out a prior delisting risk tied to this rule.
Negative
- None.
Insights
Nasdaq bid-price compliance removes an immediate delisting overhang.
OneMedNet Corporation confirms its common stock again meets Nasdaq’s $1.00 minimum bid requirement. Nasdaq staff documented that the shares closed at or above
This development closes a previously disclosed deficiency that could have led to delisting from The Nasdaq Capital Market if not cured. Maintaining a Nasdaq listing can be important for trading liquidity and for some institutional investors that require listings on major U.S. exchanges.
The matter is described as closed by Nasdaq staff, so no further immediate remedial actions are indicated in this notice. Future trading performance of the stock will determine whether the company continues to satisfy Nasdaq’s bid price rule over time.
FAQ
What did OneMedNet Corporation (ONMD) announce in this 8-K?
Why was OneMedNet Corporation (ONMD) previously out of compliance with Nasdaq rules?
How did OneMedNet (ONMD) regain compliance with the Nasdaq minimum bid price rule?
What Nasdaq listing rule is involved for OneMedNet Corporation (ONMD)?
What does it mean that the Nasdaq compliance matter for OneMedNet is now closed?
Which securities of OneMedNet are listed on Nasdaq?