OneMedNet to execute 1-for-10 reverse stock split Sept. 29
ONMD•OneMedNet will execute a 1-for-10 reverse stock split effective at 12:01 a.m. ET on Sept. 29, 2026. Outstanding shares are expected to fall to about 5,928,645 from about 59,286,450, with the authorized share count unchanged.
1. Split details
OneMedNet shares are set to trade on a split-adjusted basis at the open on Sept. 29 under the ticker ONMD, with a new CUSIP of 68270C 202. Any fractional share resulting from the split will be rounded up to the nearest whole share.
2. Company rationale
The company said the move targets compliance with Nasdaq's minimum bid-price requirement and is also intended to broaden investor interest.
