BiomX Inc. (PHGE) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
PHGE currently has 10.1M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 711.63% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 20, 2026 |
10-Q filing | 10.1M shares outstanding |
10M | 0 |
| Apr 13, 2026 |
8-K filing: BiomX Inc. purchased 60% of the issued and outstanding voting equity capital of DR. Frucht Systems Ltd. by paying $750,000 in cash, issuing a $3,000,000 convertible promissory note, issuing 923,000 shares of common stock, issuing pre-funded warrants exercisable for 923,000 shares of common stock, and issuing a five-year warrant exercisable for 3,692,000 shares of common stock. |
1.7M | 3M |
| Mar 19, 2026 |
8-K filing: BiomX Inc. amended a warrant with an investor to reduce the exercise price from $2.00 to $1.00 per share and revise the method of determining the number of shares issuable upon a cashless exercise. |
1.7M | 3M |
| Jan 14, 2026 |
8-K filing: On January 13, 2026, the Company issued 3,300 shares of Series Y Convertible Preferred Stock in a private placement. |
1.7M | 3M |
| Dec 29, 2025 |
8-K filing: BiomX Inc. entered into a Securities Purchase Agreement to issue and sell Series Y Convertible Preferred Stock and warrants for expected gross proceeds of $3.0 million. ($3.0M proceeds) |
1.7M | 3M |
| Nov 25, 2025 |
Stock Split
8-K filing: Stock split 1-for-19 | Outstanding: 31,399,552 → 1,652,558 |
1.7M | 3M |
| Nov 12, 2025 |
10-Q filing | 31.4M shares outstanding |
31M | 58M |
| Aug 13, 2025 |
10-Q filing | 26.5M shares outstanding |
27M | 63M |
| May 15, 2025 |
10-Q filing | 26.2M shares outstanding |
26M | 63M |
| Apr 11, 2025 |
S-1 filing: This S-1 filing registers the resale of common stock issuable upon the exercise of pre-funded warrants, common warrants, and new warrants by selling securityholders. |
25M | 64M |
| Mar 25, 2025 |
10-K filing | 25.0M shares outstanding |
25M | 34M |
| Feb 27, 2025 |
8-K filing: BiomX Inc. entered into a securities purchase agreement for a registered direct offering and concurrent private placement, involving the issuance of common stock, pre-funded warrants, and common warrants, and also entered into inducement letter agreements with holders of existing warrants to exercise them at a reduced price in exchange for new warrants, with the gross proceeds from the registered direct offering, private placement, and warrant exercises expected to be approximately $12 million. ($9.1M proceeds) |
16M | 42M |
| Nov 14, 2024 |
10-Q filing | 16.4M shares outstanding |
16M | 42M |
| Aug 26, 2024 |
Stock Split
8-K filing: Stock split one-for-ten (1:10) | Outstanding: 178,958,447 → 17,895,844 |
18M | 41M |
| Aug 14, 2024 |
10-Q filing | 179.0M shares outstanding |
180M | 410M |
| Jul 11, 2024 |
S-3/A filing: This prospectus relates to the resale by the selling securityholders named in this prospectus of (i) up to 40 Warrants to purchase up to 120,148,806 shares of Common Stock, (ii) up to 147,735 shares of our series X non-voting convertible preferred stock and (iii) up to 386,200,774 shares of common stock. |
120M | 470M |
| Jul 09, 2024 |
S-3/A filing: This prospectus relates to the resale by the selling securityholders of (i) warrants to purchase up to 120,148,806 shares of Common Stock, (ii) up to 147,735 shares of series X non-voting convertible preferred stock and (iii) up to 386,200,774 shares of common stock. |
70M | 520M |
| May 20, 2024 |
10-Q filing | 69.8M shares outstanding |
70M | 520M |
| Apr 29, 2024 |
S-3 filing: This prospectus relates to the resale by the selling securityholders named in this prospectus or their permitted transferees of (i) Warrants to purchase up to 120,148,806 shares of Common Stock, (ii) up to 256,887 shares of Series X Preferred Stock and (iii) up to 386,200,774 shares of common stock. |
51M | 540M |
| Apr 04, 2024 |
10-K filing | 51.3M shares outstanding |
51M | 30M |
| Mar 06, 2024 |
8-K filing: BiomX Inc. entered into a merger agreement with Adaptive Phage Therapeutics, Inc. and a Securities Purchase Agreement for a private placement of Series X Preferred Stock and warrants, contingent upon the merger. ($100.0M proceeds) |
46M | 36M |
| Dec 28, 2023 |
S-3/A filing: The company is filing an S-3/A to register the offering of common stock, preferred stock, and debt securities, with an aggregate initial offering price of $150,000,000. |
46M | 36M |
| Dec 07, 2023 |
S-3 filing: The company is filing an S-3 form to register the offering of common stock, preferred stock, and debt securities for an aggregate initial offering price of $150,000,000, as well as an ATM offering of common stock through Wainwright. |
46M | 36M |
| Nov 14, 2023 |
10-Q filing | 46.0M shares outstanding |
46M | 9M |
| Aug 09, 2023 |
10-Q filing | 46.0M shares outstanding |
46M | 9M |
| Jun 02, 2023 |
S-3 filing: This S-3 filing registers 31,775,477 shares of common stock for resale by selling stockholders. |
46M | 9M |
| May 15, 2023 |
10-Q filing | 46.0M shares outstanding |
46M | 0 |
| May 05, 2023 |
8-K filing: BiomX Inc. completed the second closing of a private placement on May 4, 2023, issuing 24,632,243 shares of common stock and pre-funded warrants for gross proceeds of approximately $6.0 million. ($6.0M proceeds) |
33M | 0 |
| Mar 29, 2023 |
10-K filing | 33.2M shares outstanding |
33M | 0 |
| Feb 27, 2023 |
8-K filing: BiomX Inc. completed the first closing of a private placement offering on February 27, 2023, issuing 5,975,919 shares and pre-funded warrants for gross proceeds of approximately $1.5 million. ($1.5M proceeds) |
30M | 0 |
| Feb 22, 2023 |
8-K filing: BiomX Inc. executed a definitive Securities Purchase Agreement for a private placement of 30,608,163 shares of common stock at $0.245 per share, with an initial closing of 5,975,918 shares and a second closing contingent upon stockholder approval, anticipating gross proceeds of approximately $7.5 million. ($3.0M proceeds) |
30M | 0 |
| Nov 09, 2022 |
10-Q filing | 30.0M shares outstanding |
30M | 0 |
| Aug 10, 2022 |
10-Q filing | 30.0M shares outstanding |
30M | 0 |
| May 11, 2022 |
10-Q filing | 29.8M shares outstanding |
30M | 0 |
| Mar 30, 2022 |
10-K filing | 29.8M shares outstanding |
30M | 0 |
| Nov 30, 2021 |
S-3 filing: This prospectus relates to the resale by the selling stockholder named in this prospectus or its permitted transferees of up to 375,000 shares of our common stock, par value $0.0001 per share. |
29M | 0 |
| Nov 15, 2021 |
10-Q filing | 28.6M shares outstanding |
29M | 0 |
| Aug 16, 2021 |
10-Q filing | 28.2M shares outstanding |
28M | 0 |
| Jul 26, 2021 |
8-K filing: BiomX Inc. entered into a securities purchase agreement to issue and sell 3,750,000 units, each consisting of one share of common stock and one warrant to purchase 0.75 of a share of common stock, at $4.00 per unit, for gross proceeds of $15.0 million. ($15.0M proceeds) |
24M | 0 |
| May 24, 2021 |
10-Q filing | 24.3M shares outstanding |
24M | 0 |
| Mar 31, 2021 |
10-K filing | 22.9M shares outstanding |
23M | 0 |
| Dec 04, 2020 |
S-3 filing: The company is filing an S-3 to register the offering of common stock, preferred stock, debt securities, warrants to purchase common stock, and units of two or more of such securities, in one or more offerings for an aggregate initial offering price of $150,000,000. |
23M | 0 |
| Dec 04, 2020 |
POS AM filing: This prospectus relates to the resale by the selling security holders of up to 22,023,881 shares of common stock and 2,900,000 warrants to purchase common stock. |
23M | 0 |
| Nov 12, 2020 |
10-Q filing | 22.9M shares outstanding |
23M | 0 |
| Aug 13, 2020 |
10-Q filing | 22.9M shares outstanding |
23M | 0 |
| May 14, 2020 |
10-Q filing | 22.9M shares outstanding |
23M | 0 |
| Mar 26, 2020 |
10-K filing | 22.9M shares outstanding |
23M | 0 |