BiomX Inc. announces a one-for-nineteen reverse stock split effective November 25, 2025, approved by stockholders on October 16, 2025.
Quiver AI Summary
BiomX Inc. has announced a one-for-nineteen reverse stock split of its common stock, which will take effect when trading begins on November 25, 2025. This decision, approved by stockholders at the 2025 Annual Meeting, will reduce the number of outstanding shares significantly, from approximately 29 million to around 1.5 million, while the stock will continue to trade under the symbol “PHGE.” The reverse split will affect all stockholders uniformly, maintaining their percentage ownership but making adjustments for fractional shares, which will be rounded up to the nearest whole share. Stakeholders holding shares in different formats will receive further instructions on the process, and any inquiries can be directed to the company's transfer agent. BiomX is focused on developing phage therapies for treating chronic diseases caused by harmful bacteria.
Potential Positives
- BiomX announced a one-for-nineteen reverse stock split, which is designed to increase the per-share price of its common stock, potentially making it more attractive to institutional investors.
- The reverse stock split was approved by stockholders, indicating strong support from shareholders for the company's strategic decision.
- The company is simplifying its capital structure by reducing the number of outstanding shares from approximately 29 million to about 1.5 million, which may enhance shareholder value.
Potential Negatives
- The announcement of a one-for-nineteen reverse stock split may signal underlying financial difficulties or a lack of confidence in the company's ability to maintain its stock price, which could concern current and potential investors.
- A significant reduction in the number of outstanding shares could lead to increased volatility and uncertainty regarding stock performance, potentially deterring interest from new investors.
- The reverse split could be interpreted as a last-ditch effort to comply with listing standards, raising questions about the company's long-term viability on the NYSE American.
FAQ
What is the Reverse Stock Split announced by BiomX?
BiomX will implement a 1-for-19 Reverse Stock Split of its common stock, effective November 25, 2025.
How will the Reverse Stock Split affect current shareholders?
The split will combine nineteen shares into one, but ownership percentages will remain unchanged for shareholders.
What are the new details for BiomX's stock after the split?
The new CUSIP number post-split will be 09090D 509, with outstanding shares reduced to approximately 1,526,640.
Will fractional shares be issued after the Reverse Stock Split?
No fractional shares will be issued; shareholders will round up to the next whole share if entitled to a fraction.
Who can shareholders contact for more information about the stock split?
Shareholders can reach Continental Stock Transfer & Trust Company at (800) 509-5586 for inquiries regarding the stock split.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PHGE Hedge Fund Activity
We have seen 4 institutional investors add shares of $PHGE stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY removed 1,854,032 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $973,366
- AIGH CAPITAL MANAGEMENT LLC removed 1,566,944 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $822,645
- ALLOSTERY INVESTMENTS LP removed 940,629 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $423,283
- BOOTHBAY FUND MANAGEMENT, LLC removed 132,913 shares (-56.0%) from their portfolio in Q3 2025, for an estimated $69,779
- WARBERG ASSET MANAGEMENT LLC removed 80,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $42,000
- RENAISSANCE TECHNOLOGIES LLC added 77,126 shares (+304.8%) to their portfolio in Q3 2025, for an estimated $40,491
- XTX TOPCO LTD removed 24,893 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $13,068
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NESS ZIONA, Israel, Nov. 14, 2025 (GLOBE NEWSWIRE) -- BiomX Inc. (NYSE American: PHGE) (“BiomX” or the “Company”), a clinical-stage company advancing novel natural and engineered phage therapies targeting specific pathogenic bacteria, today announced that it intends to effect a one-for-nineteen reverse split (the "Reverse Stock Split") of the Company’s common stock (the "Common Stock"). The Common Stock will continue to trade on the NYSE American under the existing symbol “PHGE” and will begin trading on a split-adjusted basis when the market opens on November 25, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 09090D 509.
The Reverse Stock Split was previously approved by the Company’s stockholders at the 2025 Annual Meeting of Stockholders held on October 16, 2025, with the final ratio determined by the Company’s Board of Directors on November 13, 2025. The Company plans to file a Certificate of Amendment to the Company’s Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Reverse Stock Split.
The 1-for-19 Reverse Stock Split will automatically combine and convert nineteen current shares of the Common Stock into one issued and outstanding new share of Common Stock. Proportional adjustments also will be made to shares underlying outstanding equity awards, warrants and convertible preferred stock, and to the number of shares issued and issuable under the Company’s stock incentive plans and certain existing agreements. The Reverse Stock Split will not change the par value of the Common Stock nor the authorized number of shares of Common Stock, preferred stock or any series of preferred stock.
The Reverse Stock Split will affect all stockholders uniformly and will not alter any stockholder’s percentage ownership interest in the Company’s equity, except for minor changes to the treatment of fractional shares as described below. After the effectiveness of the Reverse Stock Split, the number of outstanding shares of Common Stock will be reduced from approximately 29,006,165 to approximately 1,526,640 subject to adjustment to give effect to the treatment of any fractional shares that stockholders would have received in the Reverse Stock Split. No fractional shares of Common Stock will be issued in connection with the Reverse Stock Split. Stockholders of the Company who otherwise would be entitled to receive fractional shares because they hold a number of shares not evenly divisible by the Reverse Stock Split ratio will be automatically entitled to receive an additional fraction of a share of the Common Stock to round up to the next whole share. Continental Stock Transfer & Trust Company, the Company transfer agent, will send instructions to stockholders of record who hold stock certificates regarding the exchange of certificates for Common Stock. Stockholders who hold their shares of Common Stock in book-entry form or in brokerage accounts or “street name” are not required to take any action to effect the exchange of their shares of Common Stock following the Reverse Stock Split. Continental Stock Transfer & Trust Company may be reached for questions at (800) 509-5586.
About BiomX
BiomX is a clinical-stage company leading the development of natural and engineered phage cocktails and personalized phage treatments designed to target and destroy harmful bacteria for the treatment of chronic diseases with substantial unmet needs. BiomX discovers and validates proprietary bacterial targets and applies its BOLT (“BacteriOphage Lead to Treatment”) platform to customize phage compositions against these targets. For more information, please visit
www.biomx.com
, the content of which does not form a part of this press release.
Safe Harbor
This press release contains express or implied “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “target,” “believe,” “expect,” “will,” “may,” “anticipate,” “estimate,” “would,” “positioned,” “future,” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. For example, when BiomX discusses the effective date for the Reverse Stock Split and the date that trading of the Common Stock will begin on a split-adjusted basis, it is using forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on BiomX management’s current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of BiomX’s control. Therefore, investors should not rely on any of these forward-looking statements and should review the risks and uncertainties described under the caption “Risk Factors” in BiomX’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) March 25, 2025, and additional disclosures BiomX makes in its other filings with the SEC, which are available on the SEC’s website at
www.sec.gov
. Forward-looking statements are made as of the date of this press release, and except as provided by law BiomX expressly disclaims any obligation or undertaking to update forward-looking statements.
Contacts:
BiomX, Inc.
Ben Cohen
Head Corporate Communications
[email protected]