Enzolytics Inc (ENZC)

[falon]

It is quite possible to include stock as SAGA value is way under 250 million.

However SAGA is expected to raise additional capital through a private investment in public equities ("PIPE").

From today's PR:

The transaction, once completed, will provide BGEN and VIRO with significant additional capital to continue their development and expansion of existing and future technology platforms. In addition, Sagaliam expects to raise additional capital through a private investment in public equities ("PIPE"). The anticipated capital raise from the PIPE is expected to be primarily used by BGEN and VIRO to pay transaction-related expenses and fund the clinical trials of ITV-1, marketing of IPF Immune™, production of fully human monoclonal antibodies (mAbs) and continued advancement in its proprietary technology involving the application of Artificial Intelligence (AI) in therapeutic discoveries and production.

Going to be interesting how this is ironed out.

The ability of ENZC to get a definitive agreement speaks volume of the power of the technology they possess.

This isn't a high risk high reward deal, this is a show me the DATA, we like the DATA, let's do a deal.

Someone has been shown something we haven't seen and knows something we don't know.

Timely, Interesting, Accurate

What is a PIPE raise?
Private investment in public equity deals (PIPE) is when a private investor, like a mutual fund or large institution, buys a chunk of shares at a below-market price. PIPE deals are a way for companies to raise a large amount of money quickly.

KEY TAKEAWAYS
Private investment in public equity deals (PIPE) is when a private investor, like a mutual fund or large institution, buys a chunk of shares at a below-market price.

PIPE deals are a way for companies to raise a large amount of money quickly.

They can be unpopular with existing shareholders because they dilute the existing pool of shares and reduce its value.

PIPE deals have similarities to some of the massive government bailouts seen in recent years, but they typically involve smaller, less systemically important companies.

https://www.investopedia.com/terms/p/pipe-deal.asp#:~:text=Private%20investment%20in%20public%20equity,stock%20at%20a%20preferred%20price.