BioSig Technologies Reports Material Modifications to Security Holder Rights
Ticker: STEX · Form: 8-K · Filed: Jan 31, 2024 · CIK: 1530766
| Field | Detail |
|---|---|
| Company | Biosig Technologies, Inc. (STEX) |
| Form Type | 8-K |
| Filed Date | Jan 31, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | mixed |
Complexity: simple
Sentiment: mixed
Topics: corporate-governance, shareholder-rights, bylaws, amendment
TL;DR
**BioSig just changed shareholder rights and bylaws; could impact your stock.**
AI Summary
BioSig Technologies, Inc. filed an 8-K on January 31, 2024, to report material modifications to the rights of security holders and amendments to its Articles of Incorporation or Bylaws. This filing indicates potential changes that could affect the value or control of existing shares, such as a reverse stock split or changes to voting rights. Investors should pay close attention to the specifics of these modifications, as they could dilute current holdings or alter the company's governance structure, impacting their investment.
Why It Matters
This filing signals potential changes to shareholder rights or the company's capital structure, which could directly impact the value and control associated with owning BioSig Technologies stock.
Risk Assessment
Risk Level: medium — Changes to security holder rights or bylaws can significantly alter an investment's risk profile, potentially leading to dilution or reduced shareholder influence.
Analyst Insight
A smart investor would closely monitor subsequent filings from BioSig Technologies, Inc. for the specific details of the 'Material Modifications to Rights of Security Holders' and 'Amendments to Articles of Incorporation or Bylaws' to understand their potential impact on share value and voting power before making any investment decisions.
Key Numbers
- 001-38659 — SEC File Number (identifies the company's registration with the SEC)
- 2024-01-31 — Date of Report (earliest event reported in the filing)
- 17 — Public Document Count (number of documents in the filing)
- 0001530766 — Central Index Key (CIK) (unique identifier for BioSig Technologies, Inc.)
Key Players & Entities
- BioSig Technologies, Inc. (company) — registrant
- Delaware (company) — state of incorporation
- NASD (company) — exchange where common stock is registered
- $0.001 (dollar_amount) — par value per share of common stock
Forward-Looking Statements
- The company will provide further details on the specific modifications to security holder rights and bylaws in a subsequent filing or announcement. (BioSig Technologies, Inc.) — high confidence, target: Q1 2024
- Shareholder approval may be required for some of the reported amendments to the Articles of Incorporation or Bylaws. (Shareholders of BioSig Technologies, Inc.) — medium confidence, target: Q2 2024
FAQ
What specific items are being reported in this 8-K filing by BioSig Technologies, Inc.?
BioSig Technologies, Inc. is reporting 'Material Modifications to Rights of Security Holders', 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year', 'Regulation FD Disclosure', and 'Financial Statements and Exhibits' as per the ITEM INFORMATION section of the filing dated January 31, 2024.
What is the trading symbol and par value of BioSig Technologies, Inc.'s common stock?
The trading symbol for BioSig Technologies, Inc.'s common stock is BSGM, and the par value is $0.001 per share, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' table.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 31, 2024, as indicated by the 'Date of Report (Date of earliest event reported): January 31, 2024'.
Where is BioSig Technologies, Inc. incorporated and what is its business address?
BioSig Technologies, Inc. is incorporated in Delaware. Its business address is 55 Greens Farms Road, 1st Floor, Westport, Connecticut, 06880, as detailed in the 'BUSINESS ADDRESS' section.
What is the Central Index Key (CIK) for BioSig Technologies, Inc.?
The Central Index Key (CIK) for BioSig Technologies, Inc. is 0001530766, found under the 'COMPANY DATA' section of the filing.
Filing Stats: 1,096 words · 4 min read · ~4 pages · Grade level 11.4 · Accepted 2024-01-31 16:05:24
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share BSGM The NASDAQ Capital M
Filing Documents
- form8-k.htm (8-K) — 47KB
- ex3-1.htm (EX-3.1) — 21KB
- ex99-1.htm (EX-99.1) — 17KB
- ex99-1_001.jpg (GRAPHIC) — 3KB
- 0001493152-24-004491.txt ( ) — 270KB
- bsgm-20240131.xsd (EX-101.SCH) — 3KB
- bsgm-20240131_lab.xml (EX-101.LAB) — 33KB
- bsgm-20240131_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BIOSIG TECHNOLOGIES, INC. Date: January 31, 2024 By: /s/ Kenneth L. Londoner Name: Kenneth L. Londoner Title: Executive Chairman