Cyclacel enters share exchange to acquire Fitters Sdn. Bhd.; existing holders to own 80%

Bio Green Med Solution, Inc.

Cyclacel to exchange 19.99% of its common stock for 100% of Fitters Sdn. Bhd.
Existing Cyclacel stockholders expected to own ~80.01% of combined company post-closing.
Company to be renamed Bio Green Med Solution, Inc., trading on Nasdaq under new ticker.
Fitters Sdn. Bhd. operates fire safety, waste-to-resource, and real estate development.
Closing deadline set for August 31, 2025; mutual termination right after that date.

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