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OneMedNet Corporation, a commercial physical and biological research services provider, has announced its common stock and warrants will transition from The Nasdaq Global Market to The Nasdaq Capital Market.
The transfer, effective at the opening of business on Monday, will see the company's securities continue to trade under the ticker symbols "ONMD" for its common stock and "ONMDW" for its warrants.
This move comes after the company received approval from Nasdaq's Listing Qualifications Department. The Nasdaq Capital Market, like the Global Market, requires companies to meet specific financial and corporate governance standards.
OneMedNet's securities will remain accessible to investors, with no changes to their trading symbols.
As of today, OneMedNet has 31,395,666 shares of common stock issued and outstanding. This announcement aligns with the company's compliance with the continued listing standards and is a strategic step in its corporate progression.
OneMedNet, originally known as Data Knights Acquisition Corp. before its name change on March 4, 2021, is incorporated in Delaware and maintains its principal executive offices in Eden Prairie, Minnesota. The information in this report is based on a press release statement.
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