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Re: Xtremetz1 post# 181338

Tuesday, 07/11/2023 1:48:42 PM

Tuesday, July 11, 2023 1:48:42 PM

Post# of 198729
Share structure of SAGA is in their 5/22 10-K:

https://www.nasdaq.com/market-activity/stocks/saga/sec-filings

I highlighted share classes and OS/AS totals this morning before the PR hit. There's two classes of Common shares (only one traded on Nasdaq), a Preferred class with none issued, and approx $137M of "common stock subject to possible redemption" (ie 12,456,337 additional Class A common):

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172309657

If ENZC solidified the merger and then shocked the market with amazing news, ENZC shares might be the cheapest path to SAGA shares because of the dividend deal. Not holding my breath, but it's within the realm of possibility. As is SAGA delisting back to OTC before dividend shares leave a lock-up period, if ENZC can't deliver cures.