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BioSig Technologies, Inc. - $BSGM STOCK NEWS

Welcome to our dedicated page for BioSig Technologies news (Ticker: $BSGM), a resource for investors and traders seeking the latest updates and insights on BioSig Technologies stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BioSig Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BioSig Technologies's position in the market.

Rhea-AI Summary

BioSig Technologies, Inc. announced new appointments to its board of directors, now fully constituted with 5 members, 3 independent. The company aims for compliance with U.S. Exchange regulations, bringing in directors with diverse industry experience to create lasting shareholder value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
management
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Rhea-AI Summary

BioSig Technologies, Inc. appointed Mr. Anthony Amato as the Chief Executive Officer and member of the Board of Directors to accelerate the implementation of a comprehensive turnaround strategy. Mr. Amato brings a wealth of experience in business leadership and management. The Company aims to unlock substantial value through its core product line, PURE EP™, and plans to update shareholders on further developments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.88%
Tags
management
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Rhea-AI Summary
BioSig Technologies, Inc. appoints Bridge Associates International Pharmaceutical Consulting (BAIPC) to advise on business model strategies, aiming to transform the company's future course by implementing solutions to address operational and financial deficits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.39%
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none
Rhea-AI Summary
BioSig Technologies, Inc. (BSGM) announced a significant reduction in employees and business operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.78%
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none
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Rhea-AI Summary
BioSig Technologies, Inc. (NASDAQ: BSGM) announced the successful adoption of its Near Field Tracking (NFT) algorithm, which has reduced ablation time by approximately 66%. Physicians have completed over 100 cases with the NFT algorithm, providing tissue-specific feedback and color-coded characterization in real time. The software has been leveraged at major medical centers and health systems, receiving positive feedback from leading cardiac electrophysiologists. This innovative feature is expected to significantly improve procedural efficiency and accuracy in cardiac ablation procedures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.05%
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none
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News
Rhea-AI Summary
BioSig Technologies, Inc. (NASDAQ: BSGM) will undergo a reverse stock split at a ratio of 1 post-split share for every 10 pre-split shares, effective February 2, 2024. The reverse stock split will reduce the outstanding shares from 93,344,435 to approximately 9,334,636. The new CUSIP number for the common stock following the reverse stock split will be 09073N3008.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.64%
Tags
Rhea-AI Summary
BioSig Technologies, Inc. (NASDAQ: BSGM) announced a workforce reduction to reduce annual cash burn by 50%. The company is shifting its business model to partner with organizations for sales distribution and clinical support of its PURE EP™ Platform. The platform's NFT algorithm has shown a 66% reduction in ablation time, and the company is looking to expand its applications and quantify the efficacy and safety benefits of NFT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.96%
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none
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Rhea-AI Summary
BioSig Technologies, Inc. (Nasdaq: BSGM) issued its 2023 letter to shareholders, highlighting recent achievements and insights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.02%
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none
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Rhea-AI Summary
BioSig Technologies, Inc. (NASDAQ: BSGM) announced the closing of a registered direct offering, issuing 6,996,922 shares of common stock, Series A and Series B warrants. The offering was priced at $0.3573 per share, with gross proceeds of approximately $2.5 million. H.C. Wainwright & Co. acted as the exclusive placement agent. The net proceeds will be used for working capital and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.91%
Tags
Rhea-AI Summary
BioSig Technologies, Inc. (NASDAQ: BSGM) announces a registered direct offering of 6,996,922 shares of its common stock, Series A and Series B warrants at $0.3573 per share, with H.C. Wainwright & Co. as the exclusive placement agent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.64%
Tags
BioSig Technologies, Inc.

Nasdaq:BSGM

BSGM Rankings

BSGM Stock Data

14.22M
6.29M
22.56%
11.41%
7.44%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
WESTPORT

About BSGM

biosig technologies, inc. (otcqb: bsgm) is a medical device company that is developing a proprietary technology platform designed to greatly improve the $3 billion electrophysiology (ep) marketplace. led by a proven management team and a veteran, independent board of directors, minneapolis-based biosig is preparing to commercialize its pure ep system.