Form 8-K
8-K — DataMeds AI, Inc.
Accession: 0001493152-26-047711
Filed: 2026-10-20
Period: 2026-10-19
CIK: 0002030763
SIC: 5122 (WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES)
Item: Regulation FD Disclosure
Item: Other Events
Item: Financial Statements and Exhibits
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act Of 1934
Date
of Report (Date of earliest event reported): October 19, 2026
DATAMEDS
AI, INC.
(Exact
name of registrant as specified in its charter)
Delaware
001-42530
93-3264234
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
3000
Bayport Drive, Suite 950, Tampa, FL
33607
(Address of Principal Executive
Offices)
(Zip Code)
Registrant’s
telephone number, including area code: 844-203-6092
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common Stock, $0.0001
par value
MEDS
The Nasdaq Capital Market
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2
of the Securities Exchange Act of 1934.
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On
October 20, 2026, DataMeds AI, Inc. (the “Company”) issued a press release announcing it has regained compliance with Nasdaq
Listing Rule 5550(b)(1). The press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 8.01 Other Events.
As
previously disclosed on Form 8-K/A filed on April 21, 2026, on April 13, 2026, the Company received a deficiency letter (the “Deficiency
Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”)
notifying the Company that, based on the stockholders’ equity of $(12,447,801) reported in the Company’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2025, the Company no longer satisfied the $2,500,000 minimum stockholders’ equity
requirement for continued listing on The Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(b)(1), and that, as of the date
of the Deficiency Letter, the Company also did not meet the alternative compliance standards under that Rule based on market value of
listed securities or net income from continuing operations.
On
October 19, 2026, the Company received written notice from the Staff informing the Company that it has regained compliance with Nasdaq
Listing Rule 5550(b)(1).
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
No.
Description
of Exhibit
99.1
Press Release dated October 20, 2026
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
DataMeds AI, Inc.
Date: October 20, 2026
By:
/s/ Prashant
Patel
Prashant Patel, President
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit 99.1
PRESS RELEASE
DATAMEDS
AI, INC. (DBA DATAMEDS SI)
3000
BAYPORT DRIVE, SUITE 950
TAMPA, FLA. 33607
www.datamedsai.com
RUBENSTEIN PUBLIC RELATIONS
CONTACT: JAMES LAMBERT 212-805-3024
JLAMBERT@RUBENSTEINPR.COM
FOR
IMMEDIATE RELEASE
DATAMEDS
REGAINS COMPLIANCE WITH NASDAQ LISTING STANDARDS
Tampa,
Fla. – Tuesday, October 20, 2026 – DataMeds AI, Inc. (NASDAQ: MEDS) (“DataMeds AI,” “DataMEDS
SI,” “DataMEDS,” or the “Company”), a healthcare company leveraging its Health IT and physical infrastructure
together with its super intelligence (artificial intelligence) platform EinsteinRx™ and smart contracts platform PharmacyChain™,
today announced that it has received a notification letter (the “Compliance Notice”) from the Listing Qualifications Staff
of the Nasdaq Stock Market, LLC (“Nasdaq”) dated October 19, 2026, informing DataMEDS that it has regained compliance with
Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”). In order to regain compliance with the Equity Rule, DataMEDS needed to
have a minimum stockholders’ equity of $2.5 million.
The
Company originally received a notice of delisting from NASDAQ on April 13, 2026 outlining the basis for delisting proceedings:
1) Failure
to meet minimum $1.00 bid-price; and
2) Failure
to maintain a minimum of $2,500,000 in stockholder’s equity.
NASDAQ
notified the Company on June 9, 2026 that it had regained bid-price compliance and provided the Company additional time to attempt to
regain compliance with the minimum stockholders’ equity requirement.
Based
on a Company Form 8-K filing on October 13, 2026 that confirmed the Company’s stockholder’s equity exceeded $2,500,000 and
a subsequent Form 8-K filing on October 16, 2026 that provided additional details on the material events that resulted in the Company
exceeding $2,500,000 in stockholders’ equity, on October 19, 2026 NASDAQ confirmed that the Company was in compliance with the
Equity Rule. If the Company fails to evidence compliance upon filing its next periodic report it may be subject to delisting.
For
more information, visit www.datamedsai.com or contact James Lambert, Vice President at Rubenstein Public Relations, at jlambert@rubensteinpr.com
or at 212-805-3024.
-1-
About
DataMeds AI, Inc. (DBA DataMeds SI)
DataMeds
SI (NASDAQ: MEDS) is a healthcare company that focuses on the vertical integration of technology, pharmacy, pharmaceutical-adjacent and
telemedicine business units through its Health IT platforms to deliver a better experience for consumers and providers. Headquartered
in Tampa, Fla., DataMEDS incorporates the super intelligence platform EinsteinRx™ and blockchain-enabled smart contracts platform
PharmacyChain™ into the Health Lives Here mobile application, and its Corexa Pharmacy provides pharmacy dispensing and related
services, including the distribution of products developed by Tollo Health. DataMEDS has licensed patented GLP-1 patient management technology
from REBOOT, a subsidiary of Data Health Partners. The Company’s Helomics Corporation subsidiary operates a CLIA-certified laboratory
in Pittsburgh offering the ChemoFx® Assay.
Forward-Looking
Statements
This
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements
are based on management’s current expectations and are not predictions of actual performance. Forward-looking statements include,
without limitation, the Company’s anticipated business strategy, operating plans and growth opportunities; the Company’s
ability to maintain compliance with Nasdaq listing standards; the Company’s liquidity, capital resources and ability to fund operations;
the Company’s ability to maintain compliance with Nasdaq listing standards, the development of a proprietary blockchain and the
development of provider-network features, the creation of the Health Lives Here pharmacy network, the success of the NFL Alumni Health
partnership, the companies’ proposed transaction with DataVault AI Inc. (NASDAQ: DVLT), Scilex Holding Company, EOS Holdings and
HealthBridge Advisors (controlling shareholder of Tollo Health, LLC); the satisfaction or waiver of closing conditions applicable to
any of the foregoing; the receipt of stockholder approval and any other required approvals; the Company’s anticipated business
strategy, operating plans and growth opportunities; the integration of telemedicine, pharmacy, laboratory, wearable-device, artificial
intelligence, blockchain and data-management technologies; the proposed development, commercialization and expansion of EinsteinRx AI,
PharmacyChain, Health Lives Here and related platforms; the anticipated growth of the market for Long COVID products and related treatment
approaches; the companies’ ability to empower patients to access, manage, control or monetize health data; the anticipated benefits
of the companies’ technology platforms, strategic relationships and business combinations; the Company’s capitalization,
outstanding securities, lock-up arrangements, public float and registration statements. Actual results may differ materially from those
expressed or implied in these forward-looking statements due to a number of risks and uncertainties, including those described under
“Risk Factors” in the Company’s most recent Annual Report on Form 10-K and subsequent filings with the Securities and
Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the
date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required
by law.
DataMeds
AI Media Contact
James
Lambert, Vice President
Rubenstein
Public Relations
Phone:
212.805.3024
Email:
jlambert@rubensteinpr.com
DataMeds
AI Investor Contact
Investor
Relations: IR@datamedsai.com
###
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