Ohmyhome Signs $40M Standby Equity Purchase Agreement with Magnus Capital Ventures
OMH is trading near its 52-week low of $2.05 (11% above the low) on light trading volume (0.1× avg).
Summary
Ohmyhome entered a $40M standby equity purchase agreement with Magnus Capital Ventures, including a $5M prepaid credit and a deeply discounted purchase price formula. The deal provides critical liquidity but carries substantial dilution risk.
Key Events · Financing and Capital Events · OMH
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$40M Standby Equity Purchase Agreement Signed
On October 7, 2026, Ohmyhome entered a standby equity purchase agreement 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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$5M Pre-Paid Credit Due Within 5 Days
Magnus Capital Ventures must wire $5 million in immediately available funds within five trading days, providing Ohmyhome with near-term liquidity.
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Deeply Discounted Purchase Price Formula
Purchase price equals the lower of $1.26 (50% of the closing price on October 6) or 50% of the lowest closing price over the prior 180 trading days, with a $0.10 floor price — a formula that guarantees shares are sold at a steep discount to market.
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200,000-Share Commitment Fee
At the first Advance Notice closing, Ohmyhome will issue 200,000 Class A ordinary shares to the Investor as consideration for the commitment.
Analysis · OMH · Real Estate & Construction
A $40 million standby equity purchase agreement with Magnus Capital Ventures provides a capital lifeline for the micro-cap company. The deal includes a $5 million prepaid credit due within five trading days, giving Ohmyhome immediate liquidity. However, the purchase price formula — the lower of $1.26 or 50% of the lowest closing price over 180 trading days — means shares will be sold at a steep discount to market, creating significant dilution risk for existing holders. The 200,000-share commitment fee and 5% placement agent fee to Univest Securities further reduce net proceeds. Against the backdrop of Ohmyhome's recent Nasdaq compliance struggles and extreme cash constraints disclosed in September, this financing is a survival move that trades heavy dilution for runway.
How filings like this one have moved
In the 30 days to Oct 7, 2026, 36.1% of the 1056 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.59%. 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 $2.28 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $4.6M. 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.