BiomX Inc. Announces 1-for-10 Reverse Stock Split and Name Change

What Happened

• BiomX Inc. filed an 8-K reporting a one-for-ten reverse stock split of its common stock effective at 12:01 a.m. Eastern Time on September 9, 2026. The company also filed a separate amendment to change its name to Tessera Defense and Homeland Security Inc., effective at 12:01 a.m. Eastern Time on September 11, 2026. Trading on a split-adjusted basis begins at the open of market on September 9, 2026; the stock will begin trading under the new ticker "HLSQ" at the open on September 11, 2026.

Key Details

• Reverse split ratio: 1-for-10, effective Sept 9, 2026 at 12:01 a.m. ET.
• Authorized common shares reduced from 750,000,000 to 150,000,000.
• Post-split CUSIP: 09090D 608 (used starting Sept 9); the CUSIP remains unchanged by the name change.
• Fractional shares will not be issued; fractional holdings were rounded up to the nearest whole share at the record holder/DTC participant level.
• Name change approved by the Board on Aug 31, 2026; stockholder approval was not required under Delaware law.

Why It Matters

• The reverse split reduces the number of outstanding shares per shareholder (every 10 old shares become 1 new share) and will proportionally adjust the trading price and share count shown in brokerage accounts; investors should see split-adjusted positions beginning Sept 9.
• The company’s corporate identity and ticker will change, which affects how the stock is listed and searched (new ticker HLSQ starting Sept 11); the CUSIP after the split remains 09090D 608.
• Fractional-share rounding means small shareholders will receive their fractional amounts rounded up to whole shares rather than cash-in-lieu.
• Shareholders should check brokerage statements after Sept 9–11 for updated share counts, pricing, and the new ticker symbol.