---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-009991"
form_type: "8-K"
ticker: "BGMS"
cik: "0001130166"
company_name: "Bio Green Med Solution, Inc."
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:22:04.317499+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bio Green Med preferred stock (BGMSP) to be delisted from Nasdaq for MVPHS non-compliance

## Summary
- Nasdaq notified BGMSP fails to maintain $1M minimum market value of publicly held shares; will delist.
- Company will not appeal; delisting expected on or after April 2, 2026.
- Trading of BGMSP suspended at open March 23, 2026; may move to OTC Markets.
- Common stock (BGMS) remains listed on Nasdaq Capital Market and is unaffected.

## SEC filing metadata
- accession: 0001493152-26-009991
- form_type: 8-K
- ticker: BGMS
- cik: 0001130166
- company_name: Bio Green Med Solution, Inc.
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130166/000149315226009991/0001493152-26-009991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130166/000149315226009991/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-009991
- JSON: https://secwatch.observer/filing/0001493152-26-009991.json
- Plain text: https://secwatch.observer/filing/0001493152-26-009991.txt

## Source-grounded claims
- claim_id: 4917aa0ec6bbe4faa17cb383723d024188e43b91
  claim: Bio Green Med Solution, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5810(c)(3)(D)).
  evidence_excerpt: um Market Value of Publicly Held Shares (as such terms are defined under the Nasdaq Listing Rules, “MVPHS”) of $1 million. The Staff’s letter further advised that for the prior 30 consecutive business days, the Preferred Stock no longer meets this requirement. In accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has 180 calendar days, or until March 10, 2026, to regain compliance with the MVPHS requirement for its Preferred Stock. On March 12, 2026, the Company received another letter from the Staff of Nasdaq, notifying the Company that (i) the Preferred Stock has not regained com
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130166/000149315226009991/0001493152-26-009991-index.htm

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