Odaily Planet Daily News: OneMedNet Corporation, a US listed company, announced that it has entered into securities purchase agreements with certain institutional investors, including affiliates of Off the Chain Capital and affiliates of Discovery Capital Management. The total private placement proceeds are approximately US$4.6 million (net of fees and expenses payable by the company), and the private placement will end on July 25, 2024. The price per share of common stock sold in this offering meets the minimum price requirements of Nasdaq rules. The company intends to use the net proceeds from the private placement for working capital and general corporate purposes. While waiting to use these funds, the company used $1.8 million of net proceeds to purchase Bitcoin. (GlobeNewswire)