---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-013123"
form_type: "8-K"
ticker: "BGMS"
cik: "0001130166"
company_name: "Bio Green Med Solution, Inc."
filed_at: "2025-09-12T23:59:59+00:00"
generated_at: "2026-05-17T06:43:12.154012+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bio Green Med (f/k/a Cyclacel) closes acquisition of Fitters Sdn. Bhd. for 699,158 shares

## Summary
- Issued 699,158 common shares (19.99% ownership) to FITTERS Diversified Berhad for 100% of Fitters Sdn. Bhd.
- Company renamed Bio Green Med Solution, Inc.; tickers changed to BGMS and BGMSP on Nasdaq.
- Fitters, a Malaysia-based fire safety equipment distributor, had Q2 2025 revenue of $501K and net loss of $47K.
- Pro forma combined net loss for Q2 2025: $1.28M; for FY2024: $11.3M; goodwill of $428K recognized.
- Company now operates in fire protection and biopharmaceutical industries, headquartered in Kuala Lumpur.

## SEC filing metadata
- accession: 0001493152-25-013123
- form_type: 8-K
- ticker: BGMS
- cik: 0001130166
- company_name: Bio Green Med Solution, Inc.
- filed_at: 2025-09-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130166/000149315225013123/0001493152-25-013123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130166/000149315225013123/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-013123
- JSON: https://secwatch.observer/filing/0001493152-25-013123.json
- Plain text: https://secwatch.observer/filing/0001493152-25-013123.txt

## Source-grounded claims
- claim_id: b64bc47c3d5cfd41959b8ee8cc35bd35eb2474a2
  claim: Bio Green Med Solution, Inc. completed an acquisition involving FITTERS Diversified Berhad for 699,158 shares of common stock, par value $0.001, of the Company (closed 2025-09-12).
  evidence_excerpt: f FITTERS Diversified Berhad, a Malaysian publicly listed company (“Fitters Parent”), pursuant to a share exchange agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130166/000149315225013123/0001493152-25-013123-index.htm

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