secwatch.observer — SEC 8-K summary
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Issuer:     Bio Green Med Solution, Inc. (BGMS)
CIK:        0001130166
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001104659-24-056469
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cyclacel raises $8M in private placement of common stock and warrants
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- Sold 4,968,945 shares (or pre-funded warrants) plus series A/B warrants at $1.61 per unit; gross proceeds ~$8.0M.
- Series A warrants exercisable at $1.36 for 5.5 years; series B warrants for 18 months.
- H.C. Wainwright acted as placement agent; fees 7% cash plus 1% management fee and placement agent warrants.
- Net proceeds intended for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130166/000110465924056469/0001104659-24-056469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130166/000110465924056469/tm2413298d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-056469

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer