Entero Therapeutics Secures $2 Million Revolving Loan; Appoints Three New Board Members
Entero Therapeutics Inc. (ENTO)
Company Research
Source: GlobeNewswire
BOCA RATON, Fla., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Entero Therapeutics, Inc. (Nasdaq: ENTO) (“Entero” or the “Company”), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, announced today that it has secured a $2 million revolving loan agreement and subsequently appointed three new members to its Board of Directors. As a condition for the loan, Entero replaced three of five members of its Board of Directors with three new directors designated by the lender. These appointments follow the resignations of James Sapirstein, Alastair Riddell and Timothy Ramdeen from the Board. Richard Paolone, a Toronto-based securities lawyer with leadership experience at public and private companies, joins the Board alongside Eric Corbett, a managing director with experience in capital markets and corporate finance advisory services, and Manpreet Uppal, a seasoned professional with experience in capital ma
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ENTO
News
- Entero Therapeutics (NASDAQ:ENTO) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Entero Therapeutics (NASDAQ:ENTO) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=ENTO&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StreeMarketBeat
- Entero Therapeutics (NASDAQ:ENTO) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
ENTO
Sec Filings
- 11/19/25 - Form 10-Q
- 11/17/25 - Form NT
- 11/13/25 - Form SCHEDULE
- ENTO's page on the SEC website