Bio Green Med Solution, Inc. Receives Nasdaq Non-Compliance Notice for Preferred Stock


2025-09-16SEC Filing 8-K (0001493152-25-013703)

On September 11, 2025, Bio Green Med Solution, Inc. received a notice from Nasdaq stating that its 6% Convertible Exchangeable Preferred Stock no longer complies with the minimum Market Value of Publicly Held Shares (MVPHS) requirement of $1 million. The company has 180 days, until March 10, 2026, to regain compliance. During this period, the Preferred Stock will continue to trade on the Nasdaq Capital Market. The notice does not affect the company's Common Stock. If compliance is not achieved by the deadline, the Preferred Stock may be delisted, though the company can appeal any delisting determination. Bio Green Med Solution, Inc. plans to monitor the MVPHS and consider various options to regain compliance.


Tickers mentioned in this filing:CYCC