Water IO Ltd. Completes Sale of Zorro Net Ltd. to BiomX Inc.

Details

holds an approximately 67% equity interest, completed the sale of 100% of the issued and outstanding share capital of Zorro Net Ltd., a wholly-owned subsidiary, to BiomX Inc. for 1,300,000 shares of BiomX common stock and a non-convertible promissory note in the principal amount of $1,250,000. As a result of the transaction, Water IO holds 1,300,000 shares of BiomX common stock, representing approximately 16.57% of BiomX's issued and outstanding common stock. The Company, through Star 26, beneficially owns approximately 67% of Water IO's equity, and accordingly may be deemed to beneficially own such BiomX shares indirectly.

Items reported

About T3 Defense Inc.

T3 Defense Inc. is a defense-focused holding company that acquires and operates mission-critical aerospace and defense businesses embedded in national security programs. The company concentrates on manufacturers and technology providers with strong customer relationships and solid order backlogs, particularly in specialized areas such as drones and autonomous vehicles, counter-drone systems, tactical robotics, advanced manufacturing, and AI software and systems integration. Its portfolio activities span AI-enabled defense applications, 3D mapping and surveillance, unmanned aerial systems, motion control solutions, and distribution of advanced drone payloads for defense and homeland security markets in the United States and Israel. Operating as a centralized strategic platform with decentralized day-to-day operations, T3 Defense Inc. plays a role in strengthening critical defense infrastructure and technologies that support national resilience and security. Founded in 2013 and headquartered in New York, it is categorized within the aerospace and defense industry and serves government and allied defense customers through its network of subsidiaries and strategic partnerships.