other material
confidence high
sentiment neutral
materiality 0.50
Bio Green Med exchanges 1.4M warrants for common stock under Section 3(a)(9) exemption
Bio Green Med Solution, Inc.
- Aggregate of 1,402,605 shares of common stock issued in exchange for Series A, B, and C warrants originally issued in June 2025.
- Exchange relies on Section 3(a)(9) exemption; new shares are unrestricted.
- Beneficial ownership limitation of 9.99% of outstanding common stock after issuance.
- Example: one holder exchanged 467,535 warrants for an equal number of shares.
- Exchanged warrants are cancelled upon transfer to the company.