Enzon amends Viskase merger: Viskase holders get 55% of combined co; reverse split 1-for-100

Viskase Holdings, Inc.

Viskase stockholders will own 55% of combined company post-merger (up from prior ratio); Enzon stockholders 45%.
Enzon to effect a 1-for-100 reverse stock split before the merger closes.
Merger termination deadline extended from Dec 31, 2025 to Mar 31, 2026.
Minimum cash Enzon must have at closing reduced; IEH to exchange Series C Preferred for common based on 20-day VWAP.

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