OneMedNet Reports 1-for-10 Reverse Stock Split; Shares Fall

02:59 PM EDT, 09/25/2026 (MT Newswires) -- OneMedNet (ONMD) said Friday it will implement a 1-for-10 reverse split of its stock to bring the firm into compliance with the minimum bid price requirement of Nasdaq. The company said its shares are expected to begin trading on a split-adjusted basis on Sept. 29. The firm said the reverse split will reduce the number of shares to about 5.9 million from some 59.3 million. Shares were down over 11% in afternoon trading. Price: 0.63, Change: -0.08, Percent Change: -11.21