PHGE Stock Catalyst: BiomX Inc. Signs Letter of Intent to Acquire 60% Stake in Tsoock Defense Technologies

Jul 8, 2026 · 7:05am ET

The acquisition is valued at $10.4 million.

Max move

+38.8%

High of day $0.42

Sparker timei

7:05am ET

PHGE · Jul 8, 2026

CATALYST DATE · 1-MINUTE BARS

Catalyst Summary

BiomX Inc. (NYSE: PHGE) announced the signing of a Letter of Intent (LoI) to acquire a 60% controlling interest in Tsoock Defense Technologies for $10.4 million. The agreement was reached to expand BiomX's portfolio into the defense technology sector.

The acquisition amount is $10.4 million for a 60% controlling interest. BiomX Inc. has a free float of 818,855 shares and 11,797,449 shares outstanding.

This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.

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