Highest-materiality recent filing
Tessera sets CEO Oster and CFO Rokach employment pacts; equity tied to Oct. 20 stockholder vote
CEO Michael Oster gets NIS 55,000 monthly salary (~$18,000), up to 50% cash bonus, 400,000 vested shares, 1,000,000 RSUs, and 1,000,000 options at $1.15.
Tessera Defense adds $5M Mandragola convertible credit line at 12%, issues 2.69M shares to lender
New $5,000,000 revolving line of credit from Mandragola Ltd. (Israel) signed Oct. 5, 2026; runs alongside, and does not replace, the prior $2,000,000 May 13, 2026 line.
Tessera targets 2027 revenue of $14-16M and ~$30M by 2029, implying ~40% CAGR
Initial 2027 revenue target of $14M-$16M, weighted to H2 2026 platform deployments; 2028 target ~$21M and 2029 target ~$30M.
Tessera Israel gets 90-day option to buy 51% of RT LTA Systems for up to $13M equity value
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.
Tessera Defense closes 10% MEA purchase, lifts stake to 15%, adds $475K convertible loan
Closed Sept 16, 2026 purchase of 324,573 MEA shares (10% fully diluted) for 130,000 HLSQ shares; reverse-split adjusted.
Tessera (fka BiomX) completes reverse split, name change, cites $10.9M equity, ATM raise
Renamed Tessera Defense and Homeland Security, trading as HLSQ on NYSE American since 9/11/26; formerly BiomX/PHGE.
BiomX announces 1-for-10 reverse stock split, effective September 9, 2026
Stockholders approved reverse split at Aug 25 special meeting; Board fixed ratio at 1-for-10 on Aug 28.
BiomX acquires 10% of drone-testing firm MEA; gains option to buy rest
BiomX pays $50K and issues 1.3M restricted shares for 10% of MEA; option to acquire remaining ~78.9% through June 30, 2028.
BiomX cancels 1.01M shares to comply with NYSE American stockholder approval rule
1,013,637 restricted shares issued on June 2, 2026 upon conversion of $379,000 promissory note under a line of credit.
BiomX dismisses PwC as auditor, engages Barzily & Co. effective July 1, 2026
PwC's reports for FY 2024 and FY 2025 included a going-concern explanatory paragraph but no adverse opinion.
BiomX wins NYSE American approval of compliance plan; has until Sep 2027
NYSE American accepted BiomX's plan to regain compliance; plan period ends Sept 25, 2027.
BiomX filing reveals Zorronet FY2025: $0 cash, $643K deficit, going concern flagged
Zorronet had $0 cash, $554K negative working capital, and $643K stockholders' deficit as of Dec 31, 2025.
BiomX exits phage therapy, pivots to defense/security via DFSL and Zorronet acquisitions
Discontinued all clinical trials; former BiomX Ltd. subsidiary filed for insolvency in Israel in Dec 2025.
Zorronet subsidiary signed 12-month framework agreement with Israel Railways to supply AI-powered animal detection stations.
BiomX accelerates option exercise, acquires 60% stake in DFSL for $750k cash, $3M note
Cash $750k, $3M convertible note (convertible at $12), 923k shares, and warrants for up to 4.6M shares at $12.
BiomX acquires ZorroNet, enters AI defense with $1.25M note and stock
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.
Notified for failing to meet minimum stockholders' equity requirements under Sections 1003(a)(i)-(iii) (thresholds $2M-$6M).
BiomX amends warrants to 1-year term at $1 exercise; outlines strategic reset
Warrant term shortened to expire Dec 31, 2026; exercise price reduced from $2.00 to $1.00 per share.
BiomX CEO and Chairman resign; Michael Oster appointed new CEO, Amir Shalom joins board
Jonathan Solomon resigned as CEO and director effective March 4, 2026; no disagreement with company.
BiomX CFO Wolfson, CDO Bassan and three directors resign; Rokach named CFO; meeting adjourned
CFO Marina Wolfson and CDO Merav Bassan resigned Feb 24, 2026; no disagreement with company.
BiomX deconsolidates Israel subsidiary after insolvency proceedings
BiomX Ltd. (wholly owned subsidiary) filed for insolvency in Israel on Jan 25, 2026; trustee appointed.
BiomX raises $3.0M in private placement of Series Y Preferred and warrants
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.
BiomX subsidiary BiomX Ltd files for insolvency; Phase 2b study discontinued
Phase 2b study discontinued Dec 8 due to resource constraints exceeding available funds.
BiomX discontinues Phase 2b CF trial of BX004, cuts workforce, explores strategic alternatives
Independent DMC had recommended continuing Study with adjusted dosing, but company cites insufficient resources to execute alternative strategy.
BiomX reports FDA clinical hold continues; DMC recommends adjusted dosing for Phase 2b CF study
FDA continues evaluation of third-party nebulizer used in BX004 Phase 2b cystic fibrosis study; clinical hold remains.
BiomX approves 1:19 reverse stock split effective Nov 25, 2025
Board approved one-for-nineteen (1:19) reverse split on Nov 13, 2025.
BiomX Q3 net loss $9.2M; cash $8.1M; FDA feedback for BX011 and BX004 positive
Net loss of $9.2M in Q3 2025 vs net income of $9.6M in Q3 2024 due to warrant fair value changes.
BiomX: FDA clinical hold update – narrow nebulizer queries, no drug concerns; EU enrollment ahead
FDA provided additional narrow questions on third-party nebulizer; no concerns about BX004 drug product.
FDA places clinical hold on BiomX's Phase 2b study of BX004 in CF due to nebulizer device
FDA hold pauses U.S. enrollment and screening for BX004 Phase 2b trial; no concerns about BX004 itself.
BiomX reports Q2 net loss $6.0M, cash $15.2M; BX211 shows >40% wound reduction in Phase 2
Cash and restricted cash $15.2M at June 30, 2025; estimated to fund ops into Q1 2026.
BiomX publishes Phase 1b/2a BX004 data in Nature Communications; shows 500-fold bacterial reduction
BX004 achieved 2.7 log10 (~500-fold) greater bacterial reduction vs placebo in CF patients with chronic P. aeruginosa infections.
On May 27, 2026, the Board of Directors of BiomX Inc. (“we,” “us,” “our,” “BiomX” or the “Company”) appointed Mr. Roy Rousso, to serve as the Chief Business Officer, effective July 1, 2026.
following Ms. Marina Wolfson’s return from maternity leave
Effective May 31, 2024, Mr. Avraham Gabay’s term as Interim Chief Financial Officer of the Company will conclude
increased the size of the Board to eight members and appointed Susan Blum to serve as a Class II Director of the Company, with a term expiring at the Company’s annual meeting of stockholders in 2025, in order to fill the resulting vacancy on the Board.
on March 15, 2024, effective upon the Closing, Dr. Jesse Goodman, Jonathan Leff and Gregory Merril were appointed to the Board as directors.
on March 15, 2024, effective upon the Closing, Dr. Jesse Goodman, Jonathan Leff and Gregory Merril were appointed to the Board as directors.
on March 15, 2024, immediately prior to the Closing, Lynne Sullivan, Jason Marks, and Michael Dambach resigned from the board of directors of the Company (the “Board”) and any respective committee of the Board of which they were members.
on March 15, 2024, immediately prior to the Closing, Lynne Sullivan, Jason Marks, and Michael Dambach resigned from the board of directors of the Company (the “Board”) and any respective committee of the Board of which they were members.
on March 15, 2024, immediately prior to the Closing, Lynne Sullivan, Jason Marks, and Michael Dambach resigned from the board of directors of the Company (the “Board”) and any respective committee of the Board of which they were members.
on March 15, 2024, effective upon the Closing, Dr. Jesse Goodman, Jonathan Leff and Gregory Merril were appointed to the Board as directors.
On October 12, 2023, the Board of Directors (the “Board”) of BiomX Inc. (the “Company”), pursuant to a recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Eddie Williams to serve as Class I Director of the Company, with a term expiring at the Company’s 2024 annual meeting of stockholders, in order to fill an existing vacancy on the Board.
On May 11, 2023, the Board of Directors of the Company (the “Board”), pursuant to a recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”), appointed each of Jason M. Marks and Michael E. Dambach to serve as Class II Directors of the Company, with terms expiring at the Company’s 2025 annual meeting of stockholders, in order to fill two of the three existing vacancies on the Board.
Max materiality 0.90 · Median 0.60 · Most common event other_material