---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-103251"
form_type: "8-K"
ticker: "PHGE"
cik: "0001739174"
company_name: "BiomX Inc."
filed_at: "2026-09-25T12:42:39+00:00"
generated_at: "2026-10-12T13:19:47.725697+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tessera Israel gets 90-day option to buy 51% of RT LTA Systems for up to $13M equity value

## Summary
- Tessera Israel, subsidiary of HLSQ, received an option from X S.E. Security and Defense Ltd. to acquire 192 RT shares, 51% of RT LTA Systems Ltd.
- Option is exercisable within 90 days, extendable 60 days after notice, and requires $1,000,000 Option Consideration paid within 30 days, refundable if not exercised.
- RT Equity Value is the lower of $13,000,000 or two times average EBITDA plus 10% of average revenue for fiscal years 2026-2028.
- Upon exercise, $2,000,000 is payable on account, including the Option Consideration, with $1,000,000 due at closing and the balance paid in annual installments.
- X SE must cause RT to grant Tessera Israel a non-exclusive perpetual technology license within 60 days, surviving termination and becoming royalty-free if the Refund Amount is unpaid.

## SEC filing metadata
- accession: 0001213900-26-103251
- form_type: 8-K
- ticker: PHGE
- cik: 0001739174
- company_name: BiomX Inc.
- filed_at: 2026-09-25T12:42:39+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739174/000121390026103251/0001213900-26-103251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739174/000121390026103251/ea0306570-8k_tessera.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-103251
- JSON: https://secwatch.observer/filing/0001213900-26-103251.json
- Plain text: https://secwatch.observer/filing/0001213900-26-103251.txt

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