---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-119469"
form_type: "8-K"
ticker: "BGMS"
cik: "0001130166"
company_name: "Bio Green Med Solution, Inc."
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:35:54.828651+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cyclacel raises $2.1M via warrant exercise, issues new warrants for ~19.9M shares

## Summary
- Gross proceeds ~$2.1M from cash exercise of 4,968,945 Series B warrants at reduced price $0.415/share.
- Holder received new Series C warrants (9,937,890 shares) and Series D warrants (9,937,890 shares) exercisable at $0.415 after stockholder approval.
- Placement agent H.C. Wainwright received PA warrants for 298,137 shares at $0.5188/share plus 7% cash fee.
- Net proceeds intended for working capital and general corporate purposes.
- New warrants unregistered; resale registration statement to be filed within 30 days of agreement.

## SEC filing metadata
- accession: 0001104659-24-119469
- form_type: 8-K
- ticker: BGMS
- cik: 0001130166
- company_name: Bio Green Med Solution, Inc.
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130166/000110465924119469/0001104659-24-119469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130166/000110465924119469/tm2428551d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-119469
- JSON: https://secwatch.observer/filing/0001104659-24-119469.json
- Plain text: https://secwatch.observer/filing/0001104659-24-119469.txt

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