OneMedNet Locks In 1-for-10 Reverse Split to Regain Nasdaq Compliance
ONMD sits 25% above its 52-week low of $0.49.
Summary
OneMedNet finalized a 1-for-10 reverse stock split effective September 29, 2026, cutting its share count from ~60.1M to ~6.0M to regain Nasdaq's minimum bid price compliance.
Key Events · Corporate Governance and Compliance · ONMD
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1-for-10 Reverse Split Effective
Every 10 shares of common stock will be combined into 1 share, effective 12:01 a.m. ET on September 29, 2026.
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Share Count Reduced to ~6.0M
Outstanding shares drop from approximately 60,125,902 to approximately 6,012,591, with fractional shares rounded up.
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Nasdaq Compliance Objective
The reverse split is intended to bring the company into compliance with Nasdaq's minimum bid price requirement for continued listing.
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No Change to Authorized Shares
The total authorized number of shares and par value remain unchanged; equity awards, warrants, and convertible securities will be proportionately adjusted.
Analysis · ONMD · Industrial Applications And Services
A 1-for-10 reverse stock split has been locked in by OneMedNet, effective September 29, 2026, reducing outstanding shares from roughly 60.1 million to 6.0 million. The move is aimed at lifting the stock price above Nasdaq's $1.00 minimum bid requirement after the company received a delisting notice. While the split itself does not change the company's market value, it is a critical step to avoid being removed from the exchange — a risk that has been hanging over the stock since the delisting notice was disclosed in August.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. 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, ONMD was trading at $0.61 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $37.5M. The 52-week trading range was $0.49 to $4.22. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.