Enzolytics Inc (ENZC)

[Dyno89]

I never said it was certain, just that it makes the most sense and most likely was part of the spac deal agreement. Nasdaq was the entire reason they did this business combo with SAGA in the first place. To get on a legit exchange and open up funding options they didn’t have on the otc. Otherwise it was all pointless. So we can assume that when all the SAGA issues came up, first with the lawsuit and then with the Nasdaq delisting, the deal was basically void if ENZC decided to walk. The reworked deal revealed today was probably Barry’s “take it or leave it” option to keep the deal moving forward. What other choice would he have, if SAGA didn’t compete a spac deal, they were getting dissolved. ENZC had the entire upper hand in this, especially after the lawsuit and the delisting issues. So that’s why I’m assuming that Barry had no choice but to take what he could still get which was VIRO only. Think about it, he had no cards left on his end. It was take their reworked offer or the deal is off and SAGA gets dissolved for not completing a spac deal.