BiomX stock jumps in premarket after SEC filing flags new 19.99% holder
BiomX shares jumped 65% to $6.77 in premarket trading Tuesday after Pyu Pyu Capital disclosed a 19.99% stake via a $3 million private placement. The deal includes Series Y preferred stock with a 15% dividend, warrants, and triggers a shareholder vote on issuing more shares. Investors are watching for dilution risk and the outcome of the vote.
