ORDINARY SHARES |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| ORDINARY SHARES | |
| ORDINARY SHARES | NOTE 16 — ORDINARY SHARES The Company was incorporated as a private company under the laws of Cayman Island on June 16, 2023, as a direct wholly owned subsidiary of Betters Medical Investment Holdings Limited. As of December 31, 2024, there were 500,000,000 ordinary shares authorized, 35,728,625 shares of ordinary shares issued and 25,555,096 shares outstanding. Shares authorized, issued and outstanding for all periods reflect the retrospective adjustment for Reverse Recapitalization (Note 3). In the first half of 2025, (1) 583,529 ordinary shares issued to Grand Fortune Capital (H.K.) Company Limited (“Grand Fortune”); (2) 50,000 ordinary Shares issued to J.V.B. Financial Group, LLC (“J.V.B.”); (3) 4,617,228 ordinary shares issued under Baird Medical 2024 Equity Incentive Plan, among which 53,483 shares were reserved for further issuance (see Note 17 for more information). As of December 31, 2025, there were 500,000,000 ordinary shares authorized, 40,979,382 shares of ordinary shares issued and 30,752,370 shares outstanding. |