BiomX amends USD 1.25 million Water.IO note, issues 800,000 restricted shares to settle accrued interest
PHGE•Updated repayment terms
The note’s final maturity moved to Nov. 1, 2026.
BiomX will pay $250,000 upfront, then four monthly principal instalments of $250,000.
BiomX amends Water.IO promissory note
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.
