BioSig Technologies Improves Balance Sheet, Announces Reduction in Outstanding Payables during Q2 2024
BIOSIG TECHNOLOGIES INC (BSGM)
NASDAQ:AMEX Investor Relations:
biosigtech.com
Company Research
Source: GlobeNewswire
Los Angeles, CA 90025, July 25, 2024 (GLOBE NEWSWIRE) -- BioSig Technologies, Inc. (OTCQB: BSGM) or (“BioSig” or "Company"), a medical technology company delivering unprecedented accuracy and precision to intra-cardiac signal visualization, is pleased to announce that it has successfully negotiated with multiple vendors an initial reduction in accounts payable of approximately $1.5 million during the second quarter of 2024 since new management has taken leadership. One substantial savings recognized is for the successful termination of the office lease expense for the former headquarters in Westport, Connecticut as of July 15, 2024 which was set to end on December 31, 2024. The Company also plans to work with additional vendors to continue this reduction going forward and will update shareholders appropriately. The reduction will profoundly impact the Company's financial standing and improve its balance sheet substantially. BioSig’s CEO, Anthony Amato stated
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News
- BioSig intends to acquire Neuro-Kinesis' assets [Yahoo! Finance]Yahoo! Finance
- BioSig Technologies Announces Intent to Acquire the Assets of Neuro-Kinesis Corporation [Yahoo! Finance]Yahoo! Finance
- BioSig Technologies Announces Intent to Acquire the Assets of Neuro-Kinesis CorporationGlobeNewswire
- BioSig Technologies Improves Balance Sheet, Announces Reduction in Outstanding Payables during Q2 2024 [Yahoo! Finance]Yahoo! Finance
BSGM
Sec Filings
- 9/13/24 - Form 4
- 9/13/24 - Form 8-K
- 8/14/24 - Form 10-Q
- BSGM's page on the SEC website