BiomX completes first closing of private placement, raises ~$1.5M

BiomX Inc.

First closing on Feb 27, 2023: issued 5,975,919 securities for gross proceeds of ~$1.5 million.
Securities include common shares and pre-funded warrants at $0.245 per share / $0.244 per warrant.
Entered into Registration Rights Agreement requiring filing of resale registration statement.
Form of Pre-Funded Warrant re-filed with corrections; total offering up to 30,608,164 securities.
Offering previously announced on Feb 22, 2023; additional closings may occur.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BiomX Inc. entered into SPA valued at approximately $1.5 million (effective 2023-02-22).

Action: entry
Agreement: equity purchase
Value: approximately $1.5 million
Effective: 2023-02-22

Exact text from the filing

On February 22, 2023, BiomX Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ SPA ”) relating to a private placement (the “ Offering ”) of an aggregate of 30,608,164 shares of the Company’s common stock (“ Shares ”), including shares issuable upon the exercise of pre-funded warrants (“ Pre-Funded Warrants ”) to purchase additional shares of the Company’s common stock (each, a “ Security ” and collectively, the “ Securities ”), at a purchase price of $0.245 per Share and $0.244 per Pre-Funded Warrant. On February 27, 2023, the Company completed the first closing of the Offering and issued an aggregate of 5,975,919 Securities for gross proceeds of approximately $1.5 million.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BiomX Inc. entered into Registration Rights Agreement with the investors participating in the Offering (effective 2023-02-27).

Action: entry
Counterparty: the investors participating in the Offering
Effective: 2023-02-27

Exact text from the filing

As a condition to the closing, on February 27, 2023, the Company entered into a Registration Rights Agreement with the investors participating in the Offering.

View on SEC.gov

Browse all material agreements →

BiomX Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-014891

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.