Form 8-K
8-K — BiomX Inc.
Accession: 0001213900-26-087839
Filed: 2026-08-11
Period: 2026-08-05
CIK: 0001739174
SIC: 2836 (BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES))
Item: Entry into a Material Definitive Agreement
Item: Unregistered Sales of Equity Securities
Item: Financial Statements and Exhibits
Documents
8-K — ea0301544-8k_biomx.htm (Primary)
EX-10.1 — SHARE PURCHASE AND OPTION AGREEMENT DATED AUGUST 5, 2026 BETWEEN BIOMX INC. AND MAYERS VENTURES LLC (ea030154401ex10-1.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
August 5, 2026
BIOMX INC.
(Exact name of registrant as specified in its
charter)
Delaware
001-38762
82-3364020
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
850 New Burton Road, Suite 201
Dover, Delaware 19904
(Address of principal executive offices, including
zip code)
(972) 52-437-4900
(Registrant’s telephone number, including
area code)
Not Applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.0001 par value per share
PHGE
NYSE American
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive
Agreement.
On August 5, 2026, BiomX Inc., a Delaware corporation
(“BiomX” or the “Company”) entered into a Share Purchase and Option Agreement (the “SPA”) with
Mayers Ventures LLC, a Nevada limited liability company (“Mayers”), pursuant to which the Company agreed to purchase 324,573
shares of M.E.A. Testing Systems Ltd., an Israeli company (“MEA”), representing 10% of the issued and outstanding equity interests,
on a fully diluted basis, of MEA (the “Purchased Shares”). Motomova Inc., a Delaware corporation whose shares are quoted on the
over-the-counter market (OTC) under the symbol MTMV, holds the majority of the issued and outstanding equity interest in MEA and Mayers
holds approximately 76% of the issued and outstanding shares of MTMV. The acquisition also includes 10% of MEA’s affiliated company
in India, to the extent that company is not a subsidiary of MEA (together with MEA, the “MEA Companies”).
As consideration for the Purchased Shares
and for delivering the transaction package described in the SPA, in connection with the sale, the Company will pay to Mayers $50,000
and issue to Mayers 1,300,000 restricted BiomX shares of common stock (the “Consideration Shares”), provided, that the closing of the purchase of the Purchased
Shares is subject to the approval by the NYSE American of a supplemental listing application and the execution and delivery by the
MEA Companies of a license agreement granting BiomX an exclusive, perpetual worldwide, transferrable license to the technology and
knowhow of the MEA Companies (including MEA’s drone testing solutions).
MEA is a developer of advanced electric motor
testing and validation systems. The acquisition is intended to strengthen BiomX’s ability to support increasingly integrated defense systems
by adding access to specialized expertise in one of the most critical components of unmanned aerial platforms, electric propulsion.
In addition, under the SPA BiomX was granted an
exclusive option (the “Option”), exercisable through June 30, 2028 (the “Option Exercise Date”) to purchase all
of Motomova’s remaining holdings in MEA and MEA India, representing approximately 78.9% of the total issued share capital following
the Closing. The exercise of Option by BiomX is expressly subject to due diligence on MEA and its business and prospects (as determined
by the Company in its sole discretion) along with other customary closing conditions. If exercised, the purchase price for the Option
would be based on one of the two following bases, as determined by BiomX in its sole discretion, on an amount equal to (i) two (2) times
the net revenue of the MEA Companies for the fiscal year ending December 31, 2027, or (ii) four (4) times the EBITDA of the MEA Companies
for the fiscal year ending December 31, 2027, as derived from the MEA Companies’ audited financial statements for such fiscal
year, in each case multiplied by the percentage of MEA’s share capital actually acquired on exercise. The Option price is payable,
at BiomX’s election, in cash, BiomX stock, or a combination thereof, and the Option Shares are to be delivered on a cash-free, debt-free
basis.
Through the Option Exercise Date, Mayers agreed
to cause MEA and/or Motomova to refrain from soliciting, initiating or entertaining offers from, negotiate with, or in any manner encourage,
discuss, accept or consider any proposal from any other person relating to the acquisition or purchase of MEA, its assets, technology,
business or shares, in whole or in part, in any manner.
The above description of the SPA does not purport
to be complete and is qualified in its entirety by reference to the copy of the SPA attached hereto as Exhibit 10.1.
1
Item 3.02 Unregistered Sales of Equity Securities.
The information set forth in Item 1.01 of this Current Report
on Form 8-K is incorporated by reference into this Item 3.02. As noted above, the issuance of the Consideration Shares is
subject to the approval by the NYSE American of a supplemental listing application.
The shares will be issued without registration under the Securities
Act of 1933, as amended, in reliance on Section 4(a)(2) thereof and/or Regulation S thereunder, as restricted securities.
Forward Looking Statements
This Current Report on Form 8-K contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding
the expected benefits of the transaction, the license, the Option, and the completion of the transactions described above. These statements
are subject to risks and uncertainties, including the satisfaction of closing conditions, the results of due diligence, and the receipt
of required approvals, including of the NYSE American, and actual results may differ materially. The Company undertakes no obligation
to update these statements except as required by law.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No.
Description
10.1
Share Purchase and Option Agreement dated August 5, 2026 between BiomX Inc. and Mayers Ventures LLC.
104
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SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BiomX Inc.
Date: August 11, 2026
By:
/s/ Michael Oster
Name:
Michael Oster
Title:
Chief Executive Officer
3
EX-10.1 — SHARE PURCHASE AND OPTION AGREEMENT DATED AUGUST 5, 2026 BETWEEN BIOMX INC. AND MAYERS VENTURES LLC
EX-10.1
Filename: ea030154401ex10-1.htm · Sequence: 2
Exhibit 10.1
SHARE PURCHASE AND OPTION AGREEMENT
(M.E.A. Testing Systems Ltd. Equity)
This Share Purchase and Option Agreement
(this “Agreement”) is made as of August 5, 2026 between BiomX Inc., a Delaware corporation (NYSE American: PHGE)
(the “Purchaser” or “BiomX”), and Mayers Ventures LLC a Nevada limited liability company (the
“Seller”). The Purchaser and the Seller are each a “Party” and together the “Parties.”
Recitals
A. The Company is M.E.A. Testing Systems Ltd.,
an Israeli private company, registration number 512558669 (the “Company” or “MEA”).
B. Based on the Company’s records, the issued
share capital of the Company consists of 1,719,819 ordinary shares and 1,525,915 preferred shares, each of par value NIS 0.01 (together,
3,245,734 shares), subject to confirmation against the Company’s share register.
C. Motomova Inc.,
a Delaware corporation whose shares are quoted on the OTC Markets under the symbol MTMV (“Motomova”)
holds 1,358,405 ordinary shares and 1,525,915 preferred shares, representing approximately 88.9% of the total issued share capital and
approximately 79% of the ordinary shares and all of the preferred shares of the Company. The balance, approximately 361,414 ordinary shares
(approximately 21% of the ordinary shares), is held by other shareholders (the “MEA Minority”).
D. The Seller holds 76% of the outstanding share
and voting capital of Motomova;
E. The Seller
represents that the Company owns, or holds exclusive rights to, drone-related testing technology, with customers
understood to include Israel Aerospace Industries and Elbit Systems. The ownership, scope, and customer relationships of that technology
are subject to confirmation in due diligence. Nonetheless, BiomX will be granted an exclusive license to the development and commercialization
of such technology and knowhow.
F. The assets of the Company are understood to
be subject to a first-priority lien in favor of Bank Hapoalim. The existence, scope, and terms of that lien, and any consent, release,
or subordination required, are subject to confirmation in due diligence.
G. The Company has a related sister company in
India, MEA Motomova India (“MEA India” and, together with the Company, the “MEA Companies”), the corporate details,
ownership, and holdings of which are subject to confirmation against the applicable registry.
H. The Purchaser wishes to acquire from
the Seller, and the Seller agrees to cause Motomova to sell, 171,982 ordinary shares and 152,591 preferred shares (together, 324,573 shares)
representing 10% of the total issued share capital of the MEA Companies on a fully diluted basis, with an option to acquire up to all
of the Motomova’s remaining holdings in the MEA Companies.
Accordingly, The Parties agree as follows.
1. Purchase and Sale of Shares
1.1 At the Closing, the Purchaser will
purchase from Seller, and Seller will cause Motomova to sell to the Purchaser, 171,982 ordinary shares and 152,591 preferred shares (together,
324,573 shares, representing 10% of the total issued share capital of the Company) on a Fully Diluted Basis (the “Purchased Shares”),
free and clear of all liens and encumbrances. The mechanism is a secondary sale of existing shares held by Motomova. No shares are issued
by the Company under this Section. [If the Motomova loan conversion proceeds before Closing, these numbers change; define as 10% of the
issued capital at Closing after the conversion.] The Seller will also cause Motomova to sell to the Purchaser for no additional consideration
such number of MEA India shares, to the extent MEA India is not a subsidiary of the Company, such that the Purchaser shall also hold 10%
of the total issued share capital of MEA India.
For purposes hereof, “Fully
Diluted Basis” shall mean share capital of MEA or MEA India, as the case may be, on an as-converted basis, including all shares
issued and outstanding (whether ordinary shares, preferred shares, or otherwise), as well as all shares issuable assuming the exercise,
conversion or exchange into shares of all warrants, options, notes, debentures, or other rights, securities, agreements or other commitments
which by their terms are exchangeable, exercisable or convertible (taking into account anti-dilution or other similar rights), directly
or indirectly, for or into the share capital of MEA or MEA India, as the case may be,, whether or not vested, and whether outstanding,
promised or contingent, including without limitation, all options granted to employees, consultants, service providers, officers and directors,
whether or not any options thereunder are then outstanding or promised, provided, that, equity linked securities issued to employees or
other service providers, including officers and directors shall not be included in this calculation
2. Consideration for the Purchased Shares
2.1 Purchase Price. The purchase
price for the Purchased Shares payable to the Seller is comprised of the following
(i) a cash payment of
$50,000 which will be utilized by the Seller for partial satisfaction of amounts owed to the noteholders of the Motomova
(ii) the issuance of 1,300,000 restricted
shares of BiomX common stock to the Seller as consideration for delivering the transaction package described in this Agreement, subject
to obtaining all required corporate regulatory approvals including NYSE -American. The shares will be issued at the Closing, following
(and subject to) approval by NYSE American of the supplemental listing application for the shares being a condition to the Closing under
Section 7.
All share issuances are subject to equitable adjustment
for any corporate recapitalization that BiomX or the Company may undertake, including without limitation, stock split or reverse stock
split.
3. Control Option
3.1 The Seller shall cause Motomova
to irrevocably grant to BiomX an exclusive option, exercisable through June 30, 2028 (the “Option”) to purchase
all of Motomova’s remaining holdings in the Company and MEA India, representing approximately 78.9% of the total issued share capital
following the Closing, calculated on a Fully Diluted Basis as of the applicable closing (the “Option Shares”), free and clear
of all liens, on the terms set forth in this Section (subject to confirmation under Section 7(d) that such shares are not pledged and,
if pledged, to receipt of the required release).
2
3.2 Option Purchase
Price. The aggregate purchase price for the Option Shares (the “Option Purchase Price”) shall be determined, at BiomX’s
sole election, on one, and only one, of the following two bases:
(i) Net Revenue Basis. An amount
equal to two (2) times the Net Revenue of the MEA Companies for the fiscal year ending December 31, 2027, as derived from the Audited
Financial Statements for such fiscal year, multiplied by the percentage of the Company’s share capital actually acquired on exercise
of the Option; or
(ii) EBITDA Basis. An amount equal
to four (4) times the EBITDA of the MEA Companies for the fiscal year ending December 31, 2027, as derived from the Audited Financial
Statements for such fiscal year, multiplied by the percentage of the Company’s share capital actually acquired on exercise of the
Option.
For the avoidance of doubt, BiomX may elect either basis, in its sole
unfettered discretion, and the Option Purchase Price shall be computed exclusively by reference to the Audited Financial Statements for
the corresponding fiscal year.
For purposes of this Section 3:
“Net Revenue” means
the Company’s total revenue for the applicable fiscal year, net of returns, allowances, discounts, rebates and credit losses, as
reported on the face of the applicable Audited Financial Statements.
“EBITDA” means, for
the applicable fiscal year, the Company’s net income (loss), 3determined in accordance with US GAAP from the applicable Audited
Financial Statements, plus, to the extent deducted in determining such net income, (i) interest expense, (ii) income tax expense, (iii)
depreciation, and (iv) amortization, in each case without duplication.
3.3 BiomX may exercise the Option by delivering
written notice to the Seller (an “Exercise Notice”), specifying the basis elected under Section 3. Delivery of an Exercise
Notice shall bind the parties to consummate the purchase and sale of the Option Shares on the terms of this Section
3. The Seller shall cause the Audited Financial Statements for fiscal year 2027 to be delivered to BiomX no later than March 31, 2028;
if delivered later, the exercise period in Section 3.1 is extended to sixty days after delivery. The closing of the purchase of the Option
Shares (the “Option Closing”) will take place no later than thirty days after delivery of the Exercise Notice.
3.4 The Seller shall
cause the financial statements of the MEA Companies for each of the fiscal years ending December 31, 2026 and 2027 to be audited by an
independent registered public accounting firm reasonably acceptable to BiomX, in accordance with US GAAP, consistently applied (the “Audited
Financial Statements”), and shall deliver each such Audited Financial Statement to BiomX promptly upon completion. The computation
of Net Revenue and EBITDA shall be made solely from, and shall be conclusively evidenced by, the applicable Audited Financial Statements,
absent manifest error.
3.5 Payment of the
Purchase Price may be made in either cash, shares of BiomX restricted stock or a combination of both, to be determined in the sole unfettered
discretion of BiomX.
3.6 The exercise of
Option by BiomX is expressly subject to satisfactory results, as deemed by BiomX in its sole unfettered discretion, of the due diligence
on the MEA Companies and their business and prospects.
3
3.7 Cash-Free, Debt-Free.
The Option Shares will be delivered, and the Option Purchase Price is calculated, on a cash-free, debt-free basis. At or before the Option
Closing, the Seller and Motomova will cause all indebtedness for borrowed money of the MEA Companies, including the Bank Hapoalim facility,
to be repaid, satisfied, or otherwise discharged, and all liens on the assets of the MEA Companies to be released, so that the Purchaser
acquires the MEA Companies free of indebtedness and of liens on their assets, and not only the Option Shares free of liens.
4. [Reserved]
5. Closing
5.1 The closing of the purchase and
sale of the Purchased Shares (the “Closing”) will take place remotely, by exchange of signatures and deliverables, within
five business days after the satisfaction or waiver of the conditions in Section 7 (other than those to be satisfied at the Closing),
and in any event no later than [September 30], 2026 (the “Outside Date”)
5.2 Closing Deliverables. At the Closing,
the Seller will deliver, or cause to be delivered, to the Purchaser: (a) share transfer deeds for the Purchased Shares duly executed by
Motomova; (b) the license agreement described in Section 7(f), duly executed by the MEA Companies; (c) resolutions of the board of directors
of the Company approving the transfer of the Purchased Shares and their registration in the Company’s shareholder register, together
with evidence of that registration; and (d) a written acknowledgment by Motomova, in a form reasonably acceptable to the Purchaser, of
the Option and of the covenant in Section 8.2.
6. Representations and Warranties
6.1 Of the Seller.
The Seller represents and warrants that it, Motomova and the Company is each duly organized and validly existing, has the authority
to enter into and perform this Agreement, and that Motomova owns the Purchased Shares free of liens, that the capitalization of the Company
is as set out in Recitals B and C, that the execution and performance of this Agreement do not violate any law or agreement binding on
it and that there is no action, suit, proceeding, governmental inquiry or investigation pending or currently threatened against MEA, the
Seller, Motomova or any of their respective directors, officers, shareholders or employees in their capacity as such. There is no action,
suit, proceeding or investigation initiated by MEA currently pending or that MEA intends to initiate. The Seller holds approximately 76%
of the outstanding share and voting capital of Motomova and has the power to cause Motomova and the Company to perform the actions required
of them under this Agreement. The Seller further represents that, as of the date of this Agreement, no director, officer, or 5% stockholder
of the Purchaser holds any position or interest in the Seller, Motomova, or the MEA Companies, and that Menachem Shalom holds no office
and no shares in the MEA Companies.
6.2 Of the Purchaser.
The Purchaser represents and warrants that it is duly organized and validly existing and that it has the authority to enter into and
perform this Agreement.
4
7. Conditions to Closing
The obligations of the Parties to complete the
Closing and, as applicable, the Option Closing are subject to the satisfaction or waiver of the following:
(a)
completion by the Purchaser of its due diligence review of the Company, Motomova and the Seller, including confirmation of the Company’s
ownership of the drone-related technology described in Recital E;
(b)
confirmation, against the share register of the Company, of the Company’s registered name, the issued share capital, the Seller’s
holding, and the identity and holdings of the MEA Minority;
(c)
review of the MEA Minority’s rights and receipt of any consents or waivers required from the MEA Minority in respect of the Purchased
Shares or the Control Option;
(d)
confirmation whether Motomova’s share holdings in MEA are pledged or otherwise encumbered in favor of Bank Hapoalim or any other
lender and, if so, receipt of the consent or release required to transfer them; it being noted that Bank Hapoalim holds a first-priority
lien on the Company’s assets;
(e)
confirmation, against the applicable registry, of the corporate details, ownership, and holdings of the Indian sister company referred
to in Recital G;
(f)
execution and delivery by the MEA Companies of a license agreement granting BiomX an exclusive, perpetual, worldwide, transferrable license
to the technology and knowhow of the MEA Companies;
(g)
receipt of all corporate and board approvals of the Purchaser, the Company, and the Seller, including the approval of the Purchaser’s
board of directors, with the interested directors abstaining and on the basis of an independent opinion as to the value of the MEA interest,
and the approval of the board of the Seller;
(h)
any consent of the Israel Innovation Authority to the extent required;
(i)
all required corporate and regulatory approvals, to the extent required, including approval by NYSE American of the supplemental listing
application covering the shares of BiomX common stock issuable under Section 2.1;
(j)
the settlement, discharge, or restructuring of the Seller’s outstanding notes and related claims on terms satisfactory to the Purchaser;
and
(k)
the accuracy of the representations and warranties and the performance of the covenants in this Agreement.
8. Covenants
8.1 Due Diligence.
From the date hereof and through the Option Exercise Period, BiomX shall have the right to conduct a full due diligence examination in
MEA and/or its activities, including without limitation its properties, operating and financial data, records, agreements and other relevant
information. The Seller shall cause MEA to fully cooperate with BiomX in connection with the due diligence procedure and to make available
to BiomX members of the management team, accountants, attorneys and all other relevant representatives, to the extent requested by BiomX.
The Seller shall cause MEA to keep BiomX informed of any material changes that have occurred or may occur affecting the business, results
of operations, condition or prospects of MEA. All expenses related to the due diligence efforts shall be borne solely by BiomX.
8.2 No Transfers by
the Shareholders. From the date hereof through the Option Exercise Date, Seller shall not directly or indirectly transfer, dispose, gift
or in any manner create a Lien on any of its shares in Motomova, and shall cause Motomova not to transfer, dispose, gift or in any manner
create a Lien on any of its shares in MEA.
5
8.3 No Shop. From
the date hereof through the Option Exercise Date, neither MEA nor any officer, director, employee, agent, representative or affiliate
thereof shall directly or indirectly (i) solicit, initiate or entertain offers from, negotiate with, or in any manner encourage, discuss,
accept or consider any proposal from any other person relating to the acquisition or purchase of MEA, its assets, technology, business
or shares, in whole or in part, in any manner, or (ii) furnish to any other person any information with respect to, or otherwise cooperate
in any way with, or encourage any effort or attempt by any person to do or seek any of the foregoing. MEA shall be caused by the Seller
to immediately cease and cause to be terminated all existing agreements, arrangements, discussions, or negotiations with any parties conducted
heretofore with respect to any of the foregoing. The Seller shall cause MEA to notify BiomX promptly if any such proposal, or offer, or
any inquiry or contact with any person with respect thereto is made and shall, in any such notice to the buyer, indicate in reasonable
detail the identity of the person making, and the terms and conditions of, such proposal, offer, inquiry or contact.
9. Termination
Prior to the Closing, this Agreement may be terminated
(a) by mutual written consent or (b) by either Party, by written notice, if the Closing has not occurred by the Outside Date, provided
that the terminating Party is not then in material breach of this Agreement. Following the Closing, this Agreement may be terminated only
as to the Option, and only by mutual written consent.
10. Miscellaneous
10.1 Taxes. Any taxes that may be assessed
or imposed on any of the Parties in respect of the transactions under this Agreement shall be such Party’s sole responsibility.
10.2 Governing Law; Jurisdiction. This
Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to any applicable principles
of conflicts of laws, provided that the transfer of shares in the Company and matters of the Company’s internal affairs are governed
by the laws of the State of Israel. Any dispute arising under or in relation to this Agreement shall be resolved exclusively in the competent
court located in Delaware, and each of the Parties irrevocably submits to the exclusive jurisdiction of such court.
10.3 Successors and Assigns;. Except
as otherwise expressly limited herein, the provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns,
heirs, executors, and administrators of the parties hereto. None of the rights, privileges, or obligations set forth in, arising under,
or created by this Agreement may be assigned or transferred without the prior consent in writing of each party to this Agreement, provided
that BiomX may assign to any of its subsidiaries all or part of its rights and obligations hereunder.
10.4 Entire Agreement; Amendment
and Waiver. This Agreement and the Schedules hereto constitute the full and entire understanding and agreement between the parties with
regard to the subject matters hereof and thereof and any other written or oral agreement relating to the subject matter hereof existing
between the parties is expressly canceled. Any term of this Agreement may be amended only with the written consent of the Parties. The
observance of any term hereof may be waived (either prospectively or retroactively and either generally or in a particular instance) only
with the written consent of the party against such waiver is sought.
6
10.5 Notices, etc. All notices and other
communications required or permitted hereunder to be given to a party to this Agreement shall be in writing (email will be deemed as writing)
and shall be addressed to such party’s address as set forth below or at such other address as the party shall have furnished to
each other party in writing Any notice sent in accordance with this Section 10.5 shall be deemed received (i) if sent via email, within
the next following business day, (ii) if delivered in person or by courier service, upon delivery, (iii) if sent by facsimile transmission,
on the business day following transmission with confirmed answer back, (iv) if sent by registered mail (or air mail if the posting is
international), within ten (10) days after posting, or (v) earlier, upon actual receipt, provided, however, that any notices
sent in accordance with sub-sections (ii)-(iv) shall be also sent via email.
10.6 Delays or Omissions. No delay or omission
to exercise any right, power, or remedy accruing to any party upon any breach or default under this Agreement, shall be deemed a waiver
of any other breach or default theretofore or thereafter occurring. Any waiver, permit, consent, or approval of any kind or character
on the part of any party of any breach or default under this Agreement, or any waiver on the part of any party of any provisions or conditions
of this Agreement, must be in writing and shall be effective only to the extent specifically set forth in such writing. Except as stated
in this Agreement, all remedies, either under this Agreement or by law or otherwise afforded to any of the parties, shall be cumulative
and not alternative.
10.7 Severability. If any provision of
this Agreement is held by a court of competent jurisdiction to be unenforceable under applicable law, then such provision shall be excluded
from this Agreement and the remainder of this Agreement shall be interpreted as if such provision were so excluded and shall be enforceable
in accordance with its terms; provided, however, that in such event this Agreement shall be interpreted so as to give effect, to the greatest
extent consistent with and permitted by applicable law, to the meaning and intention of the excluded provision as determined by such court
of competent jurisdiction.
10.8 Counterparts. This Agreement may be
executed in any number of counterparts, each of which shall be deemed an original and enforceable against the Party actually executing
such counterpart, and all of which together shall constitute one and the same instrument. The exchange of a fully executed Agreement (in
counterparts or otherwise) by electronic transmission (including in PDF format) or by facsimile shall be sufficient to immediately bind
the Parties to the terms and conditions of this Agreement.
10.9 Legal Advice. Each Party acknowledges
that it had the opportunity to review this Agreement and the transactions contemplated by this Agreement with its own legal counsel and
investment and tax advisors. Each Party is relying solely on such counsel and advisors and not on any statements or representations of
the other Party or any of its employees, representatives or agents for legal, tax, economic and related considerations or investment advice
with respect to this Agreement, the transactions contemplated by this Agreement or the securities laws of any jurisdiction.
10.10 Further Assurances. Each Party shall
do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements,
certificates, instruments and documents, as the other Party may reasonably request in order to carry out the intent and accomplish the
purposes of this Agreement and the consummation of the transactions contemplated hereby.
Remainder of Page Intentionally Omitted; Signature
Page to Follow
7
The Parties have signed this Agreement as of the
date first written above.
PURCHASER: BIOMX INC.
By:
/s/ Michael Oster
Name:
Michael Oster
Title:
CEO
SELLER: MAYERS VENTURES LLC
By:
/s/ Ram Naim
Name:
Ram Naim
Title:
CEO
8
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Aug. 05, 2026
Entity File Number
001-38762
Entity Registrant Name
BIOMX INC.
Entity Central Index Key
0001739174
Entity Tax Identification Number
82-3364020
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
850 New Burton Road
Entity Address, Address Line Two
Suite 201
Entity Address, City or Town
Dover
Entity Address, State or Province
DE
Entity Address, Postal Zip Code
19904
City Area Code
972
Local Phone Number
52-437-4900
Written Communications
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Soliciting Material
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Pre-commencement Tender Offer
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Pre-commencement Issuer Tender Offer
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Title of 12(b) Security
Common Stock, $0.0001 par value per share
Trading Symbol
PHGE
Security Exchange Name
NYSE
Entity Emerging Growth Company
false
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Cover page.
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The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
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Address Line 1 such as Attn, Building Name, Street Name
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Address Line 2 such as Street or Suite number
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Name of the City or Town
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Name of the state or province.
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A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
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Two-character EDGAR code representing the state or country of incorporation.
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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
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Local phone number for entity.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
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Trading symbol of an instrument as listed on an exchange.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
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