After hours, Baosheng Media Group (BAOS) shares surged almost 125% as a securities purchase agreement with High West Partners was terminated.

Aug 12, 2026, 12:48 AM ETNew sharesRead the original at benzinga.com

Neutral

The termination of a securities purchase agreement has alleviated dilution fears, causing the stock to surge nearly 125%.

BAOS · Baosheng Media Group Holdings Ltd

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The AI's read

Company announced it terminated a securities purchase agreement that could have allowed up to $30 million in share sales, removing a clear dilution overhang. The headline sent BAOS up ~125% after-hours on massive volume.

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