BiomX Subsidiary to Acquire 60% of Tsoock for $10.4M

BiomX Inc.'s wholly owned subsidiary, BiomX Israel Defense and Security Ltd., has signed a non-binding letter of intent to acquire a 60% controlling interest in Tsoock Defense Technologies Ltd., an Israeli security infrastructure and systems integration company. The contemplated acquisition is for $10.4 million, with an initial payment of $300,000 and the remainder in quarterly installments, plus an option to acquire the remaining 40% for $9.2 million. This strategic move aims to integrate secure-site execution and systems integration capabilities into BiomX's defense, security, critical-infrastructure, and first-response portfolio, leveraging Tsoock's demonstrated growth and profitability in 2025.