---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-116875"
form_type: "8-K"
ticker: "BGMS"
cik: "0001130166"
company_name: "Bio Green Med Solution, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:33:54.384846+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cyclacel dismisses auditor Crowe over warrant equity classification issue; engages Bush & Associates

## Summary
- Audit Committee dismissed Crowe LLP as auditor Nov 5, 2024; Crowe was engaged Aug 19, 2024.
- Crowe flagged warrant provisions in April 2024 and prior SPA may preclude equity classification, potentially impacting financial statements.
- No disagreements on accounting principles; reportable event not yet discussed with Audit Committee.
- New auditor Bush & Associates CPA LLP engaged for FYE Dec 31, 2024, effective immediately.

## SEC filing metadata
- accession: 0001104659-24-116875
- form_type: 8-K
- ticker: BGMS
- cik: 0001130166
- company_name: Bio Green Med Solution, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130166/000110465924116875/0001104659-24-116875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130166/000110465924116875/tm2428051d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-116875
- JSON: https://secwatch.observer/filing/0001104659-24-116875.json
- Plain text: https://secwatch.observer/filing/0001104659-24-116875.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.