Enzolytics Inc (ENZC)

[sspalmo]

How does the SAGA deal only include VIRO and not BGEN? If the deal was not legally completed (I don't believe it was) why is it that only the VIRO assets of the business combination agreement would be returned to ENZC? Why are the BGEN assets allowed to break free after a failed SPAC business combination agreement and not be returned to ENZC? How is the SPAC allowed to miss an extension deadline and then skip follow-up extension filings (and payments), but then be allowed to pretend they completed their business combination agreement? There were other filings and requirements they were delinquent on as well. Isn't this against their articles of inception? Does contract law matter at all?