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materiality 0.50
Cyclacel increases authorized common shares from 250M to 600M; removes Series E conversion cap
Bio Green Med Solution, Inc.
- Board and majority stockholder approved Certificate of Amendment filed April 25, 2025.
- Authorized common stock increased from 250,000,000 to 600,000,000 shares; no change to issued shares.
- Amended Series E Certificate of Designation removes the 4.99% ownership limitation on conversion and voting.
- Removal of Series E cap allows unlimited conversion of preferred into common shares going forward.
- Both amendments effective upon filing with Delaware Secretary of State on April 25, 2025.