M&A - Baird Medical Investment Holdings Ltd

Form Type: 20-F

Filing Date: 2025-05-15

Corporate Action: Merger

Type: New

Accession Number: 000141057825001328

Filing Summary: Baird Medical Investment Holdings Limited filed their annual report for the fiscal year ended December 31, 2024. The report includes details about the business combination with Betters Medical Investment Holdings Limited, which occurred as part of a strategic initiative to enhance market presence and operational capacity. Key components of this merger include the issuance of 8,823,529 ordinary shares to Betters Medical, contingent on achieving specific performance metrics regarding share price appreciation. The report highlights the regulatory compliance, the financial performance of both entities prior to and after the merger, and the establishment of new governance frameworks to support the merged operations. The filing also details outstanding debts, corporate governance structures, and class of registered securities, underscoring the newly formed company’s commitment to shareholder value and compliance with securities law.