OneMedNet entered into a Standby Equity Purchase Agreement with Yorkville to provide up to $25 million in potential equity financing. Following effectiveness of a resale registration statement, the company may sell shares at 97% of the market price, with per-advance limits based on recent trading volume and a 500,000-share floor. The facility carries a 36-month term, includes a 4.99% ownership cap and a 19.99% exchange cap unless shareholder approval is obtained, and allows OneMedNet to set a minimum acceptable price. The company expects the agreement to enhance liquidity and financial flexibility.
Agreement details:
- Agreement type: Standby equity purchase agreement
- Counterparty: Yorkville
- Signed / Effective: Jul 01 2026 / same
- Duration / Termination: 36 months
- Reason: Flexible access to equity capital as needed
Original SEC Filing:
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