OneMedNet Corp 8K
0001493152-26-031590
View on SEC EDGAROneMedNet Corporation established a $25 million standby equity purchase facility with YA II PN, Ltd. to sell common stock over time, subject to ownership, exchange, and registration limits, providing flexible equity financing that may dilute existing shareholders.
On July 1, 2026, OneMedNet Corporation entered into a Standby Equity Purchase Agreement with YA II PN, Ltd., under which the company may, at its sole discretion during a defined commitment period, issue and sell up to $25 million of its Nasdaq-listed common stock (ONMD) to the investor in a series of advances, subject to conditions including a 4.99% beneficial ownership cap for the investor, a 19.99% Nasdaq exchange cap (11,386,834 shares) absent shareholder approval or specified price tests, registration and resale mechanics under the Securities Act, optional minimum acceptable price provisions, and other customary representations, warranties, and covenants regarding the company’s capitalization, SEC filings, and compliance. This facility provides the company with a flexible equity financing source but may result in shareholder dilution as advances are drawn and shares are resold into the market.
Filing Facts
- CIK
- 1849380
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001493152-26-031590
- Alert Tier
- 7