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Bio Green Med Solution Stock Surges Over 175% Overnight: Here's What You Should Know
Benzinga·
Bio Green Med Solution (BGMS) shares jumped 175.47% after announcing an all-stock business combination agreement with Malaysia-based Future NRG Sdn. Bhd., a medical waste-to-energy technology developer. The transaction, unanimously approved by both boards, targets a fourth-quarter close pending shareholder approval and SEC registration. Future NRG operates the Sendayan Ozone Medical Waste Treatment Plant using ozone gas technology that achieves 99.9999% microbial reduction while eliminating carbon emissions from traditional incineration.
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