According to TechFlow, OneMedNet Corporation, a real-world data (RWD) provider, has completed a round of private financing with a total amount of approximately US$4.6 million. Institutional investors participating in this round of financing include affiliates of Off the Chain Capital and Discovery Capital Management.
The Company intends to use the net proceeds for working capital and general corporate purposes and has used $1.8 million of the net proceeds to purchase Bitcoin ($BTC).
In this private placement, OneMedNet issued common stock and prepaid warrants to investors at different prices. The company has committed to submit a registration statement for the relevant shares to the U.S. Securities and Exchange Commission.
