BiomX amends USD 1.25 million Water.IO note, issues 800,000 restricted shares to settle accrued interest

Reuters2026/07/28 13:15

By:Reuters

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BiomX amended the $1.25 million promissory note tied to its April 2026 Zorronet acquisition from Water.IO.
Water.IO will receive 800,000 restricted common shares, settling accrued interest in exchange for extending the payment timeline.
The note’s final maturity moved to Nov. 1, 2026.
BiomX will pay $250,000 upfront, then four monthly principal instalments of $250,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BiomX Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607280915PRIMZONEFULLFEED9799251) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BiomX amends USD 1.25 million Water.IO note, issues 800,000 restricted shares to settle accrued interest

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