secwatch.observer — SEC 8-K summary
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Issuer:     BiomX Inc. (PHGE)
CIK:        0001739174
Form:       8-K
Filed at:   2025-12-29T23:59:59+00:00
Accession:  0001213900-25-126161
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BiomX raises $3.0M in private placement of Series Y Preferred and warrants
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- Gross proceeds $3.0M from sale of 3,300 shares Series Y Convertible Preferred (stated value $1,000/share) and warrants for 3.3M common shares.
- Warrants exercisable at $2.00/share for 5 years; conversion price for preferred also initially $2.00.
- Series Y Preferred carries 15% annual dividend payable quarterly in cash or common stock, maturity 1 year.
- Investor gets board representation: one director if owns ≥9.99% of common; second director if ≥19.99% after stockholder approval.
- Stockholders' meeting required within 60 days to approve issuance of shares exceeding 19.99% of outstanding common.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739174/000121390025126161/0001213900-25-126161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739174/000121390025126161/ea0271117-8k_biomx.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-126161

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