BGMS director/10% owner swaps warrants for 467,535 shares, sells 28,540
Rhea-AI Filing Summary
Bio Green Med Solution (BGMS) reported an insider transaction by Yap Kim Choy, a director and 10% owner, on 11/05/2025. The filing shows a sale of 28,540 shares of common stock at a price of $1.70 per share. Separately, the reporting person acquired 467,535 shares of common stock at $0 pursuant to a warrant exchange agreement dated November 5, 2025. Following these transactions, the reporting person directly owned 467,535 common shares.
The exchange retired warrants covering the same number of underlying shares: 218,000 Series A (exercise price $7.65), 218,000 Series B ($9.00), and 31,535 Series C ($10.20), each originally exercisable from 06/20/2025 to 06/20/2030.
Positive
- None.
Negative
- None.
Insights
Insider swapped warrants for shares and sold a small block.
The reporting person sold 28,540 BGMS common shares at $1.70 on 11/05/2025 and concurrently received 467,535 common shares at $0 through a warrant exchange agreement dated November 5, 2025. This converted derivative exposure into common equity.
The exchange covered 218,000 Series A warrants at $7.65, 218,000 Series B at $9, and 31,535 Series C at $10.2, all with original terms from 06/20/2025 to 06/20/2030. After these moves, derivative holdings reported were 0 and direct common holdings were 467,535.
This is typically administrative from a market-structure perspective; actual trading impact depends on future holder decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series A Common Stock Warrants | 218,000 | $0.00 | -- |
| Other | Series B Common Stock Warrants | 218,000 | $0.00 | -- |
| Other | Series C Common Stock Warrants | 31,535 | $0.00 | -- |
| Sale | Common Stock | 28,540 | $1.70 | $49K |
| Other | Common Stock | 467,535 | $0.00 | -- |
Footnotes (1)
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