−Removed: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: shares of Common Stock are traded on NYSE American under the symbol PHGE.
−Removed: of March 20, 2025, there were 24,966,053 issued and outstanding shares of our Common Stock held by 77 stockholders of record.
−Removed: of record holders was determined from the records of our transfer agent and does not include beneficial owners of shares of Common Stock
−Removed: whose shares are held in the names of various security brokers, dealers, and registered clearing agencies.
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
+Added: MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: Our shares of Common Stock are traded on NYSE American
+Added: under the symbol PHGE.
+Added: Holders of Record
+Added: As of February 16, 2026, there were 1,593,703 issued
+Added: and outstanding shares of our Common Stock held by 72 stockholders of record.
+Added: The number of record holders was determined from the records
+Added: of our transfer agent and does not include beneficial owners of shares of Common Stock whose shares are held in the names of various security
+Added: brokers, dealers, and registered clearing agencies.
We have not paid any cash dividends on our Common
Stock to date and do not intend to pay cash dividends.
−Removed: The payment of cash dividends in the future will be dependent upon our revenues
−Removed: and earnings, if any, capital requirements and general financial condition.
−Removed: The payment of any cash dividends will be within the discretion
−Removed: of our Board of Directors, or the Board, at such time.
−Removed: Further if we incur indebtedness, our ability to declare dividends may be further
−Removed: limited by restrictive covenants we may agree to in connection therewith.
+Added: However, in connection with the issuance of our Series Y Preferred Stock, as described
+Added: below, we are required to accrue dividends on such preferred stock at a rate of 15.0% per annum, compounded quarterly, payable in arrears,
+Added: which dividends may, at the holder’s sole discretion, be paid in cash (subject to legally available funds) or in shares of our common
+Added: stock through conversion mechanics, and such dividend rate increases to 24.0% per annum upon the occurrence and during the continuance
+Added: of a Triggering Event (as defined in the applicable certificate of designations).
+Added: In addition, while any shares of Series Y Convertible
+Added: Preferred Stock remain outstanding, we are restricted from declaring or paying cash dividends on any class of our capital stock, other
+Added: than as required under the applicable certificate of designations.
+Added: The payment of cash dividends in the future will
+Added: be dependent upon our revenues and earnings, if any, capital requirements and general financial condition.
+Added: Subject to our undertakings
+Added: towards the holders of the Series Y Preferred Shares, the payment of any cash dividends will be within the discretion of our Board of
+Added: Directors, or the Board.
+Added: at such time.
+Added: Further if we incur indebtedness, our ability to declare dividends may be further limited by restrictive
+Added: covenants we may agree to in connection therewith.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.