secwatch.observer — SEC 8-K summary
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Issuer:     Bio Green Med Solution, Inc. (BGMS)
CIK:        0001130166
Form:       8-K
Filed at:   2026-08-14T01:37:52+00:00
Accession:  0001493152-26-037902
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BGMS Q2 net loss $0.4M; FNRG reverse merger to give FNRG holders >99% of company
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- Q2 2026 net loss $0.4M vs $1.3M in Q2 2025; cash $3.8M vs $3.5M at year-end.
- Fire safety product revenue $336K, cost $257K, gross margin ~23% after Fitters acquisition.
- June BCA with FNRG: FNRG shareholders exchange shares for BGMS stock, owning >99% of combined company; pre-exchange holders <1%.
- June securities purchase: 1,103,338 shares at $0.72 for $794,403 gross proceeds.
- July declared $0.15/share dividend on 6% Convertible Exchangeable Preferred, paid Aug 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130166/000149315226037902/0001493152-26-037902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130166/000149315226037902/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-037902

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer