PANews reported on July 27 that OneMedNet Corporation (NASDAQ: ONMD), a US listed company focusing on clinical imaging solutions, announced that it had reached a securities purchase agreement with some institutional investors and raised approximately $4.6 million through a private placement. The private placement included affiliates of Off the Chain Capital and Discovery Capital Management and was completed on July 25, 2024. OneMedNet plans to use the net proceeds for working capital and general corporate purposes, and has used $1.8 million to purchase Bitcoin.
OneMedNet focuses on managing and utilizing a variety of clinical data, including electronic health records, laboratory results, and medical images, to provide research support for drug, medical device, and AI development customers.
