공시 • Aug 29
Enzo Biochem Appoints Jason Apter as Group CEO Battery Ventures announced the completion of its take-private of Enzo Biochem (Enzo). As part of this initiative, veteran life-science executive Jason Apter has joined Enzo as group CEO. Apter previously served as CEO of Sannova Analytical, an organization offering bioanalytical and analytical testing services to pharmaceutical and biotech companies. He also held senior leadership roles at MilliporeSigma and Johnson Matthey. Apter will be supported on Enzo’s board of directors by Battery’s Rosner, Feldman and Alan Hirzel, the former CEO of biological-reagents company Abcam. 공시 • Aug 21
Enzo Biochem, Inc. Files Form 15 Enzo Biochem, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.01 per share. 공시 • Aug 20
Battery Ventures XIV-EF, L.P., Battery Ventures XIV, L.P. and Battery Investment Partners XIV, L.P managed by Battery Ventures L.P completed the acquisition of Enzo Biochem, Inc. (OTCPK:ENZB). Battery Ventures XIV-EF, L.P., Battery Ventures XIV, L.P. and Battery Investment Partners XIV, L.P managed by Battery Ventures L.P agreed to acquire Enzo Biochem, Inc. (OTCPK:ENZB) for $37.1 million on June 23, 2025. Battery will acquire Enzo for $0.70 per share in cash, representing a total consideration of approximately $37 million. In case of termination of transaction, Battery Ventures L.P will pay a termination fee of $1 million and Enzo will pay a termination fee of $2.5 million.
The special committee of the Enzo Board of Directors (the “Strategic Committee”) to conduct a comprehensive review of value-maximizing alternatives. The transaction has been unanimously approved by the board of directors of Battery and Enzo and is subject to customary closing conditions, including shareholder approval. Subject to the satisfaction of these conditions, the transaction is expected to close in the third quarter of the calendar year. Following the closing of the transaction, Enzo will be privately held, and shares of OTCQX: ENZB will no longer be listed on public market exchanges. As of August 19 2025, the transaction was approved by target shareholders.
BroadOak Capital Partners, LLC acted as financial advisor and fairness opinion provider for Enzo Biochem, Inc. Adam W. Finerman of Baker & Hostetler LLP acted as legal advisor for Enzo Biochem, Inc. Alfred Browne and Izzy Lubarsky of Cooley LLP acted as legal advisor for Battery Ventures L.P. Equiniti Trust Company, LLC acted as Transfer agent to Enzo Biochem. Kingsdale Advisors LP acted as a proxy solicitor to Enzo Biochem.
Battery Ventures XIV-EF, L.P., Battery Ventures XIV, L.P. and Battery Investment Partners XIV, L.P managed by Battery Ventures L.P completed the acquisition of Enzo Biochem, Inc. (OTCPK:ENZB) on August 20, 2025. 공시 • Jun 26
Enzo Biochem to Delist After Merger Completion Enzo Biochem announced that on June 23, following the market close, it entered into an Agreement and Plan of Merger to be acquired by Battery Ventures, a technology-focused investment firm, through its newly formed entity Bethpage Parent. Under the terms of the merger agreement, Battery will acquire Enzo for 70c per share in cash, representing a total consideration of approximately $37 million. Following the closing of the transaction, the company will be privately held, and shares of OTCQX: ENZB will no longer be listed on public market exchanges. 공시 • Jun 25
Battery Ventures XIV-EF, L.P., Battery Ventures XIV, L.P. and Battery Investment Partners XIV, L.P managed by Battery Ventures L.P agreed to acquire Enzo Biochem, Inc. (OTCPK:ENZB) for $37.1 million. Battery Ventures XIV-EF, L.P., Battery Ventures XIV, L.P. and Battery Investment Partners XIV, L.P managed by Battery Ventures L.P agreed to acquire Enzo Biochem, Inc. (OTCPK:ENZB) for $37.1 million on June 23, 2025. Battery will acquire Enzo for $0.70 per share in cash, representing a total consideration of approximately $37 million. In case of termination of transaction, Battery Ventures L.P will pay a termination fee of $1 million and Enzo will pay a termination fee of $2.5 million.
The special committee of the Enzo Board of Directors (the “Strategic Committee”) to conduct a comprehensive review of value-maximizing alternatives. The transaction has been unanimously approved by the board of directors of Battery and Enzo and is subject to customary closing conditions, including shareholder approval. Subject to the satisfaction of these conditions, the transaction is expected to close in the third quarter of the calendar year. Following the closing of the transaction, Enzo will be privately held, and shares of OTCQX: ENZB will no longer be listed on public market exchanges.
BroadOak Capital Partners, LLC acted as financial advisor and fairness opinion provider for Enzo Biochem, Inc. Adam W. Finerman of Baker & Hostetler LLP acted as legal advisor for Enzo Biochem, Inc. Alfred Browne and Izzy Lubarsky of Cooley LLP acted as legal advisor for Battery Ventures L.P. 공시 • Jan 16
Enzo Biochem Receives Non-Compliance Letter from NYSE On January 8, 2025 Enzo Biochem, Inc. (the Company") received a letter from the New York Stock Exchange (the NYSE") notifying the Company that it is not in compliance with (i) Section 802.01B of the NYSE Listed Company Manual because as of January 7, 2025, the Company's 30 trading-day average market capitalization was less than $50 million and its last reported stockholder's equity as of October 31, 2024 was less than $50 million and (ii) Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Common Stock (the Common Stock") was less than $1.00 over a consecutive 30 trading-day period. The Company has a period of 18 months to cure the market capitalization and stockholder's equity deficiencies and a period of six months to cure the average closing stock price deficiency. The notice does not result in the immediate delisting of the Common Stock from the NYSE. With regards to the average closing stock price deficiency, the Company can regain compliance at any time within the six-month period following receipt of the NYSE's non-compliance notice if, on the last trading day of any calendar month during the cure period, the Company has (i) a closing share price of at least $1.00 and (ii) an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. Under the NYSE's listing rules, the price condition will be deemed cured if the price promptly exceeds $1.00 per share and the price remains above that level for at least the following 30 consecutive trading days. The Company will notify the NYSE by January 23, 2025, that it intends to submit a plan by February 21, 2025, to cure the market capitalization, stockholder's equity and average closing stock price deficiencies and to return to compliance with the NYSE's continued listing standards. The Company intends to consider all available alternatives to cure the deficiencies identified by the NYSE. The Common Stock will continue to be listed and trade on the NYSE, subject to the Company's ongoing compliance with the NYSE's other continued listing standards. 
