OneMedNet director Thomas Kosasa invests $750,001 in common stock
OneMedNet Corp (NASDAQ:ONMD) director and 10% owner Thomas Kosasa bolstered his position in the company's common stock by purchasing 129,758 additional shares on October 7, 2026. The insider transaction, disclosed in a regulatory filing, amounted to an investment of $750,001, paid out over a subscription agreement for a $750,000 investment.
The valuation of the shares was calculated using the volume-weighted average price (VWAP) of OneMedNet's stock for the 10 trading days prior to the purchase. Currently, ONMD stock is trading at $4.02, reflecting an 86.6% decline over the past year. Despite this significant downturn, InvestingPro analysis suggests the stock may be undervalued, with a Fair Value estimate indicating potential upside.
The platform offers 9 additional exclusive tips for subscribers. Following this acquisition, Mr. Kosasa directly owns 1,983,573 shares of OneMedNet common stock. This news report is AI-assisted and reviewed by an editor.
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