secwatch.observer — SEC 8-K summary
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Issuer:     Bio Green Med Solution, Inc. (BGMS)
CIK:        0001130166
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001493152-25-013123
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.01, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130166/000149315225013123/0001493152-25-013123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130166/000149315225013123/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-013123

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