OneMedNet Corporation announced it received a notice from The Nasdaq Stock Market LLC regarding its failure to timely file its Form 10-Q for the fiscal quarter ended September 30, 2024. This places the company out of compliance with Nasdaq Listing Rule 5250(c)(1).
Previously, Nasdaq had granted an exception until December 11, 2024, for the company to file its delinquent Quarterly Reports on Form 10-Q for the periods ended March 31, 2024, and June 30, 2024.
The company now has until December 6, 2024, to submit an updated plan to regain compliance with the Rule. The notice does not have an immediate effect on the listing of the company’s common stock or warrants on The Nasdaq Capital Market.
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