Tessera Defense & Homeland Security Inc. (PHGE) Form 8-K — Oct 23, 2026
$PHGEForm 8-KItems 3.02, 5.02, 5.07, 9.01Filed Oct 23, 2026, 5:20 PM ET0001213900-26-112192Original filing
Tessera Defense and Homeland Security (NYSE American: HLSQ) issued 5,332,617 restricted shares to Mandragola Ltd. in three tranches between October 20-23, 2026, upon cashless exercises of the warrant from the company's April 2026 acquisition of a 60% stake in Dr. Frucht Systems Ltd. Shares outstanding rose to 25,995,794, meaning the new issuance represents roughly 20.5% dilution.
Key figures
- Shares Offered
- 5332617
- Shares Outstanding
- 25995794
- Shares voted
- 3728434
- Proposal1 for
- 3540463
- Quorum percent
- 41.3%
- Plan shares after
- 6000000
- Proposal1 abstain
- 591
- Proposal1 against
- 187380
- Plan shares before
- 685000
- Plan share increase
- 5315000
- Reverse split ratio
- 1:10
- Warrant price floor
- $0.10 per share (as adjusted)
- Shares entitled to vote
- 9026478
- Ownership blocker percent
- 9.99%
- Shares issued to mandragola
- 5332617
- Acquisition interest percent
- 60% of Dr. Frucht Systems Ltd.
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.