Sunday, May 12, 2024 3:29:04 PM
"When it Rains it Pours as they say. $ENZC Barry K is with LEAI , SEC Deliquent now . SAGA is completely gone, those shares will go back to the Three C's , Cotropia C, Cotropia J. Chandra G. .
SAGALIUM (SAGA) is Delisted by Nasdaq, SEC Delisted , is NO WHERE IN OTC LAND , Bad News Barry.
https://otcmarkets.com/stock/LEAI/disclosure
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King of Prussia
@ImKingofPrussia"
The SEC didn't take any enforcement actions against Sagaliam - they didn't suspend or revoke SAGA.
Sagaliam was delisted because the market cap was under $50 Million for. 30 consecutive days.
Delinquent filings, undisclosed share issuances, and lack of shareholder approval led to multiple violations of Nasdaq rules, resulting in a delisting notice. Sagaliam Acquisition Corp. received a Nasdaq Hearing Withdrawal letter. The company's market value fell below the required $50,000,000 for 30 days.
Sagaliam Acquisition Corp. was not directly suspended by the SEC, but it did face delisting from the NASDAQ stock exchange due to several compliance issues.
Issues with Sagaliam Acquisition Corp.'s (SAGA) business combination with Virogentics Inc. and Biogenysis, Inc. were one of the reasons the Nasdaq delisted its units and securities on March 8, 2024.
ENZC was always a scam. Otherwise they would have become an SEC reporter and did FDA approved clinical trials.
IG
The First Casualty of Emotion is Reason.
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