OneMedNet signs $25 million standby equity purchase deal with Yorkville

OneMedNet Corporation entered into a standby equity purchase agreement on July 1, 2026 with YA II PN, Ltd., a Cayman Islands exempt limited partnership referred to as Yorkville. Under the agreement, the company has the option to sell to Yorkville up to $25 million of its common stock, at its request from time to time following the effectiveness of a resale registration statement covering those shares.¹ The agreement terminates on its 36-month anniversary.¹

Each individual advance is capped. An advance cannot exceed the greater of 500,000 shares or 100% of the average daily trading volume of common stock over the five trading days before the request.¹ Shares would be purchased at 97% of the market price as defined in the agreement.¹ The company may also set a minimum acceptable price for each advance, below which it would not be obligated to sell.¹

There are additional limits on how much Yorkville can accumulate. Yorkville cannot purchase shares that would push its and its affiliates' ownership above 4.99% of outstanding voting power, and total shares issued under all advances cannot exceed 11,386,834 shares, representing 19.99% of the 56,952,652 shares outstanding as of June 30, 2026, unless shareholders approve issuances beyond that cap.¹

The company also has registration obligations tied to this facility. OneMedNet agreed to file a resale registration statement covering the shares issuable under the agreement, and it may not request advances until that registration statement is effective.¹

The agreement was filed as an exhibit to the 8-K, and the filing was signed by CEO Aaron Green. The full description of the agreement in the filing is qualified by the actual agreement text, filed as Exhibit 10.1.¹