BiomX Amends Zorronet Acquisition Note, Issues 800,000 Restricted Shares To Water.IO For Payment Flexibility
BiomX Inc. (NYSE:PHGE) ("BiomX" or the "Company"), a company focused on defense, security, and critical infrastructure technologies, today announced an amendment to the promissory note related to its
BiomX changed the payment plan for something it bought and gave extra company shares to someone instead of paying all the cash right away. When companies do this, it can mean they're managing money carefully, so watch how much cash they actually have on hand.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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