---
title: "Bio Green Med Solution Stock Surges Over 175% Overnight: Here's What You Should Know"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288816863.md"
description: "Bio Green Med Solution (BGMS) shares surged over 175% after-hours following an all-stock business combination agreement with Malaysia-based Future NRG, a medical waste-to-energy developer. The deal makes Future NRG a wholly-owned subsidiary and targets a Q4 close pending regulatory approval. BGMS CEO Doris Wong will lead the combined entity."
datetime: "2026-06-05T05:24:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288816863.md)
  - [en](https://longbridge.com/en/news/288816863.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288816863.md)
---

# Bio Green Med Solution Stock Surges Over 175% Overnight: Here's What You Should Know

**Bio Green Med Solution, Inc.** (NASDAQ:BGMS) shares jumped 175.47% to $2.92 after the bell on Thursday after the clinical-stage biopharmaceutical company announced a business combination agreement with Malaysia-based **Future NRG Sdn. Bhd.**, a medical waste-to-energy technology developer.

## BGMS Inks All-Stock Deal

The all-stock share exchange would make Future NRG a wholly-owned BGMS subsidiary.

Future NRG operates the Sendayan Ozone Medical Waste Treatment Plant in Negeri Sembilan, a 10-metric-ton-per-day facility using ozone gas technology.

**Ngu Wang Keat**, Director of Future NRG, said the technology provides a “99.9999% reduction in microbial populations while eliminating the carbon emissions associated with traditional incineration.”

## What Comes Next

The transaction, unanimously approved by both boards, targets a fourth-quarter close, pending shareholder approval and Securities and Exchange Commission registration. Datuk Dr. **Doris Wong Sing Ee**, Chief Executive Officer and Executive Director of BGMS, will continue leading the combined company under the BGMS name on Nasdaq.

## Trading Metrics, Technical Analysis

Bio Green has a market capitalization of $5.85 million. The stock has traded between a 52-week high of $25.95 and a 52-week low of $0.73.

The stock has a Relative Strength Index (RSI) of 55.71.

Over the past 12 months, BGMS has dropped 88.31%.

The small-cap stock of the Malaysia-based company is currently trading close to its 52-week low.

**Price Action:** The stock closed the regular session on Thursday at $1.06, according to Benzinga Pro.

**Benzinga’s Edge Stock Rankings** indicate that BGMS is experiencing long-term consolidation along with short and medium-term upward movement.

_Photo Courtesy: Donny Hery / Shutterstock_

_**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._

**Read Also: Solidion Technology Stock Is Trending — Here's What's Behind STI's 360% Surge**

### Related Stocks

- [BGMS.US](https://longbridge.com/en/quote/BGMS.US.md)
- [STI.US](https://longbridge.com/en/quote/STI.US.md)
- [BGMSP.US](https://longbridge.com/en/quote/BGMSP.US.md)

## Related News & Research

- [Bio Green Med Solution Shares Surge 186% On Business Combination Agreement](https://longbridge.com/en/news/288805175.md)
- [BIO GREEN MED SOLUTION, INC. ANNOUNCES BUSINESS COMBINATION AGREEMENT TO ACQUIRE FUTURE NRG SDN. BHD.  | BGMS Stock News](https://longbridge.com/en/news/288767239.md)
- [Bio Green Med Solution to Acquire Future NRG in All-Stock Exchange; Sellers to Own >99%](https://longbridge.com/en/news/288772953.md)
- [BGMS Stock Alert: Halper Sadeh LLC is Investigating Whether Bio Green Med Solution, Inc. is Obtaining a Fair Price for its Shareholders](https://longbridge.com/en/news/288776055.md)
- [Is NRG’s AI-Focused Pivot And Capital Returns Altering The Investment Case For NRG Energy (NRG)?](https://longbridge.com/en/news/288871185.md)