Ohmyhome Signs $40M Standby Equity Purchase Agreement with 50% Discount Pricing
OMH sits 20% above its 52-week low of $2.05.
Summary
A $40M standby equity purchase agreement with Magnus Capital Ventures has been signed by Ohmyhome, with shares priced at a 50% discount to recent market prices. The deal provides flexible capital but carries heavy dilution risk and restricts other variable-priced financings. A $5 million pre-paid credit due within five trading days and a placement agency agreement with Univest Securities are also disclosed.
Updated with an SEC 6-K filing · What changed
Updates
· SEC 6-K — The 6-K discloses a $5 million pre-paid credit due within five trading days and a placement agency agreement with Univest Securities.
Key Events · Financing and Capital Events · OMH
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New · · SEC 6-K
$5 Million Pre-Paid Credit
The 6-K discloses a $5 million pre-paid credit due within five trading days.
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New · · SEC 6-K
Placement Agency Agreement with Univest Securities
The 6-K discloses a placement agency agreement with Univest Securities.
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$40M Standby Equity Purchase Agreement
On October 7, 2026, a Standby Equity Purchase Agreement was entered into with Magnus Capital Ventures Limited, allowing the company to sell up to $40 million of Class A Ordinary Shares over 24 months at its discretion.
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Deeply Discounted Variable Pricing
The purchase price equals the lower of $1.26 or 50% of the lowest closing price over the prior 180 trading days, subject to a $0.10 floor. At the current $2.45 share price, the effective price would be $1.225 — a 50% discount to market.
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Commitment Fee Shares
As a commitment fee upon the first advance notice, the company will issue 200,000 Class A Ordinary Shares to the investor, representing approximately 10.5% of the 1,911,893 Class A shares currently outstanding.
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Restricted Issuance Covenant
During the commitment period, Ohmyhome cannot issue variable-priced securities, convertible debt with market-based conversion prices, or similar instruments without investor consent, limiting future financing options.
Analysis · OMH · Real Estate & Construction
A $40 million Standby Equity Purchase Agreement with Magnus Capital Ventures has been entered into by Ohmyhome. The purchase price is set at the lower of $1.26 or 50% of the lowest closing price over the prior 180 trading days — a deeply discounted, variable-priced structure that can create significant dilution for existing holders. The company retains discretion over drawdowns, but the pricing mechanism means each sale to the investor occurs at a substantial discount to market. This financing follows a series of capital raises and a 1-for-50 reverse split in August 2026, and comes as the company disclosed going-concern doubts in its H1 2026 interim financials. The agreement also restricts Ohmyhome from issuing other variable-priced securities without investor consent, limiting future financing flexibility. The 6-K also discloses a $5 million pre-paid credit due within five trading days and a placement agency agreement with Univest Securities.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 36.4% of the 1080 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OMH was trading at $2.45 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $4.7M. The 52-week trading range was $2.05 to $109.50. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.