BiomX Inc. completes reverse stock split and plans name change to Tessera Defense and Homeland Security

AI-generated NewsSnap summary based on source reporting.
Published: 2026-09-09
Category: business
Source: Stock Titan
Original source

BiomX Inc. has completed a 1-for-10 reverse stock split, reducing outstanding shares from approximately 26.7 million to 2.7 million, with trading on a split-adjusted basis commencing today. The company also announced its upcoming rebranding to Tessera Defense and Homeland Security Inc., with shares trading under the new ticker HLSQ starting September 11, 2026. This corporate action aims to increase the stock price per share and potentially meet listing requirements, while the name change signals a significant strategic shift in the company's focus.

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