The offer that was made did not concern the float but a fraction of the restricted shares (as I understood it).
If the company said "no" earlier, they have no reason to change their mind due to a change on the PPS, imo.
The only reason for a change would be a huge increase of the offer.
Of course, maybe that none of this ever happened. If one doesn't trust the company, there is no evidence that any of this was true... I personnaly trust EPGL but I cannot think for other people.