OneMedNet Announces Additional $1.7M Private Placement, Before Deducting Fees And Expenses Payable By The Company; OneMedNet Sold An Aggregate Of 1,918,591 Shares Of Its Common Stock At A Price Of $0.65 Per Share
Portfolio Pulse from Benzinga Newsdesk
OneMedNet Corporation (NASDAQ:ONMD) has announced a $1.7 million private placement with Off the Chain Capital, selling 1,918,591 shares at $0.65 each. The funds will be used for working capital and corporate purposes, with some allocated to Bitcoin purchases.
September 26, 2024 | 12:47 pm
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OneMedNet Corporation has raised $1.7 million through a private placement, selling shares at $0.65 each. The funds will be used for working capital and corporate purposes, with some allocated to Bitcoin purchases.
The successful private placement indicates investor confidence and provides OneMedNet with additional capital for growth and strategic investments, including Bitcoin. This could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100