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Re: raja48185 post# 186959

Sunday, 09/24/2023 10:57:27 AM

Sunday, September 24, 2023 10:57:27 AM

Post# of 198702
raja - per previous updates, once the dividend is paid to ENZC shareholders, ENZC shareholders combined, will own 90% of SAGA stock, leaving the SAGA execs/investors with only 10%. However, if they are/have been purchasing ENZC shares since the deal was first announced, those shares they've been buying would be eligible for the dividend, which would therefore increase their post-deal ownership via SAGA div shares.
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