Replies to post #165939 on Enzolytics Inc (ENZC)

[Tkmoney1]

So Valentin was giving a total a 5 million series E stock for 2 million bucks, gotcha.


Yeah I think this sort of financing is meant to get them to the milestones necessary, probably animal trials, to land a large equity partner for clinical trials. They may or already have said equity partners, just need to show milestone completion.