BIOMX INC. DL -,0001

Zorronet, a subsidiary of BiomX, has released a mobile app for its command-and-control system on the Google Play Store and Apple App Store. The application aggregates cameras, sensors, drones and IoT data into structured alerts, uses AI for real-time classification and is already in use by cities, regional authorities and Israel Railways. BiomX shares trade at $0.64, close to their 52-week low; the company reports high cash burn, a negative EPS and a weak financial-health rating. Analyst notes point to possible undervaluation, while profitability is not expected this year. » More on de.investing.com

BiomX shareholders approved the "BiomX Inc. 2026 Equity Incentive Plan," authorizing issuance of up to 1,390,000 common shares and allowing an automatic 4% annual increase over ten years. An adjournment resolution was also adopted but was not needed because sufficient votes were present. BiomX announced an option agreement to acquire DFSL, the appointment of Dr. Ehud Levi to the board, and the amendment of existing warrants (exercise price $1.00, term one year); the NYSE American issued a non‑compliance notice due to insufficient shareholder equity. » More on de.investing.com

T3 Defense’s indirect subsidiary Water IO transferred 100% of ZorroNet to BiomX. In return, BiomX issued 1,300,000 common shares to Water IO (about 16.57% post-transaction) and issued a non-convertible promissory note for USD 1.25 million with a three‑month term; a performance-based earn-out was also agreed, payable by no later than 31 March 2027. ZorroNet provides AI-based computer-vision and autonomous surveillance solutions for defense and critical infrastructure; T3 Defense remains the indirect beneficial owner of the BiomX shares and simultaneously reported further balance-sheet and legal developments. » More on de.investing.com