Enzolytics Inc (ENZC)

[bigtalan]

Completion of the business combination is subject to, among other matters, the satisfaction of the conditions precedent negotiated in the Business Combination Agreement and the approval of the transaction by our stockholders. Our board of directors (our “board”) believes that there will not be sufficient time before November 23, 2023 to consummate the business combination. Therefore, our board has determined that it is in the best interests of our stockholders to extend the date by which the Company must consummate a business combination to the Extended Deadline Date in order to provide our stockholders with the opportunity to participate in the prospective investment. While we have entered into the Business Combination Agreement, there can be no assurance that all of the conditions precedent set forth in the Business Combination Agreement will be satisfied or that the proposed transaction will be consummated.

https://www.sec.gov/Archives/edgar/data/1855351/000149315223037902/formdef14a.htm