---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-042200"
form_type: "8-K"
ticker: "PHGE"
cik: "0001739174"
company_name: "BiomX Inc."
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:41:44.180938+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BiomX acquires ZorroNet, enters AI defense with $1.25M note and stock

## Summary
- Acquired 100% of ZorroNet, an Israeli AI-powered defense tech firm, for 1.3M shares and a $1.25M non-convertible note due July 2026.
- Earnout payable by March 2027: greater of 125% of 2026 revenue or 8x 2026 EBITDA.
- ZorroNet has contracts with IDF, Israel Railways, and Elbit Systems; platform deployed at military bases and critical infrastructure.
- BiomX also holds an option to acquire DFSL, a LADAR solutions company for C-UAS and border security.
- Targets $44B command-and-control and $37B video analytics markets by 2030; acquisition immediately accretive.

## SEC filing metadata
- accession: 0001213900-26-042200
- form_type: 8-K
- ticker: PHGE
- cik: 0001739174
- company_name: BiomX Inc.
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739174/000121390026042200/0001213900-26-042200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739174/000121390026042200/ea0285346-8k_biomx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-042200
- JSON: https://secwatch.observer/filing/0001213900-26-042200.json
- Plain text: https://secwatch.observer/filing/0001213900-26-042200.txt

## Source-grounded claims
- claim_id: c504ae425aed741c823182cfcdeb685c2c715d4c
  claim: BiomX Inc. completed an acquisition involving Water IO Ltd. for 1,300,000 shares of common stock ; and a non-convertible promissory note in the amount of $1,250,000 (closed 2026-04-10).
  evidence_excerpt: active engagements with Elbit Systems Ltd (TASE/Nasdaq: ESLT) and other top Israel’s preeminent defense prime contractors. As consideration, the Company issued to Water IO: (i) 1,300,000 shares of common stock ; and (ii) a non-convertible promissory note in the amount of $1,250,000 , bearing interest at the short-term applicable federal rate, payable July 7, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1739174/000121390026042200/0001213900-26-042200-index.htm
- claim_id: 562e606b56934e3c39c0744497435e02ecd7fbb9
  claim: BiomX Inc. entered into Stock Purchase Agreement with Water IO Ltd. valued at $1,250,000 (effective 2026-04-10).
  evidence_excerpt: On April 10, 2026, BiomX Inc. (NYSE American: PHGE) (the “Company”) entered into and simultaneously closed a definitive Stock Purchase Agreement (the “SPA”) with Water IO Ltd. (“Water IO”), a publicly traded Israeli company listed on the Tel Aviv Stock Exchange, pursuant to which the Company acquired 100% of the issued and outstanding share capital of Zorro Net Ltd.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1739174/000121390026042200/0001213900-26-042200-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
