Bio Green Med Solution, Inc. announced it has entered into and closed a Securities Purchase Agreement with certain foreign accredited investors, raising gross proceeds of approximately $794,403. The proceeds from the sale are intended for general corporate and operating purposes.
Key Details
- Gross Proceeds: $794,403 from the sale of 1,103,338 shares of common stock.
- Purchase Price: The shares were sold at a price of $0.72 per share.
- Terms & Closing: The transaction closed on June 10, 2026. Concurrently, the company entered into a Registration Rights Agreement to file a resale registration statement for the shares sold.
- Exemption: The unregistered sale was conducted in reliance on the exemption provided by Regulation S of the Securities Act.