Bio Green Med Solution, Inc.
Sector: Wholesale-Durable Goods, NECIndustry: Medical - PharmaceuticalsCountry: MYExchange: Nasdaq
DilutionScan read 37 of Bio Green Med Solution, Inc.'s SEC filings and found 11 warrant series, 6 convertibles, 1 ATM program, 2 equity lines, 3 shelf registrations, 4 S-1 registrations and 3 completed offerings on file for BGMS. The latest dilution event on file is a registration statement on Oct 23, 2026. Analysis updated Oct 29, 2026.
Signal8 Summary
BGMS
Going-concern warning and reverse merger
Snapshot
BGMS is a tiny micro-cap with a $4.6M market cap that is currently burning cash and facing serious operational questions. The company reported $747K in revenue for FY 2025, up from $43K the prior year, but still lost $3.0M in net income. It holds $3.5M in cash against negligible debt, which provides a runway of roughly 38 months at current burn rates.
What's Happening Right Now
- : BGMS announced a deal to acquire Future NRG, a Malaysian medical waste management firm, in an all-stock transaction.
- : The deal is structured as a reverse merger where Future NRG shareholders will own over 99% of the combined company, diluting existing BGMS holders to less than 1%.
- : The company disclosed substantial doubt about its ability to continue as a going concern, citing a $454.6 million accumulated deficit and reliance on future equity financing.