other material
confidence high
sentiment neutral
materiality 0.60
Tessera (fka BiomX) completes reverse split, name change, cites $10.9M equity, ATM raise
BiomX Inc.
- Renamed Tessera Defense and Homeland Security, trading as HLSQ on NYSE American since 9/11/26; formerly BiomX/PHGE.
- One-for-ten reverse stock split effective 9/9/26; authorized shares cut from 750M to 150M.
- Q2 2026 10-Q shows attributable equity $10.9M, total equity $17.6M, incl. $25.4M goodwill from April acquisitions.
- Raised over $4M via ATM at avg ~$2.20/share (split-adjusted) over last 3 months.
- CEO letter cites shift to unified security platform using Zorronet AI and DFSL LADAR tech, targeting homeland security.