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OneMedNet ( (ONMD) ) has provided an announcement.
On June 19, 2025, OneMedNet Corporation completed a private placement agreement with an accredited investor, raising approximately $2.5 million through the sale of common stock and pre-funded warrants. The proceeds are intended for general corporate purposes and working capital. Additionally, the company entered into subscription agreements with Dr. Thomas Kosasa and Dr. Jeffrey Yu, raising a further $1.2 million. Concurrently, OneMedNet converted approximately $3.3 million of loans from Dr. Kosasa and Dr. Yu into common stock, and settled or converted a total of $11.0 million in liabilities, significantly reducing its outstanding liabilities by 60% as of March 31, 2025.
More about OneMedNet
Average Trading Volume: 110,494
Technical Sentiment Signal: Sell
Current Market Cap: $10.97M
Find detailed analytics on ONMD stock on TipRanks’ Stock Analysis page.