secwatch.observer — SEC 8-K summary
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Issuer:     BiomX Inc. (PHGE)
CIK:        0001739174
Form:       8-K
Filed at:   2026-09-22T21:01:01+00:00
Accession:  0001213900-26-102245
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tessera Defense closes 10% MEA purchase, lifts stake to 15%, adds $475K convertible loan
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- Closed Sept 16, 2026 purchase of 324,573 MEA shares (10% fully diluted) for 130,000 HLSQ shares; reverse-split adjusted.
- Amendment raises purchased interest to 486,860 shares (15%), with 65,000 additional shares pending NYSE American listing approval.
- New unsecured convertible loan facility up to $475,000 at 12% interest, maturing 2nd anniversary of closing, convertible at lower of 4x FY2027 EBITDA or $10M valuation.
- Technology License Agreement grants Tessera perpetual, royalty-free, exclusive UAV testing license to MEA patents and dynamometer tech.
- Option to buy Motomova's remaining MEA interest unchanged, exercisable through June 30, 2028, based on FY2027 audited results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739174/000121390026102245/0001213900-26-102245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739174/000121390026102245/ea0305719-8k_tessera.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-102245

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