BiomX Announces Acquisition Of 10% Stake In Motomea For $50K Cash Plus 1.3M Restricted Shares, With Exclusive Drone Testing License And Option For Control
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Why It Matters
BiomX bought a small ownership piece of another company called Motomea for cash and stock, plus got special permission to test drones. This shows BiomX is spending money to grow into new areas, so watch if these new businesses help them make more money later.
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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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