---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-014165"
form_type: "8-K"
ticker: "GRDX"
cik: "0001604191"
company_name: "GridAI Technologies Corp."
filed_at: "2025-02-14T23:59:59+00:00"
generated_at: "2026-05-26T21:22:40.435179+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Entero Therapeutics terminates CEO James Sapirstein, appoints Richard Paolone as interim CEO

## Summary
- James Sapirstein terminated as CEO without cause effective February 12, 2025.
- Richard Paolone appointed interim CEO and Chairman, effective immediately.
- Paolone is a Toronto securities lawyer with board seats at multiple public companies.
- Paolone ceases to be independent director; Eric Corbett joins audit, governance, and compensation committees.
- Paolone's compensation as interim CEO to be determined at a later date.

## SEC filing metadata
- accession: 0001104659-25-014165
- form_type: 8-K
- ticker: GRDX
- cik: 0001604191
- company_name: GridAI Technologies Corp.
- filed_at: 2025-02-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604191/000110465925014165/0001104659-25-014165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604191/000110465925014165/tm256561d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-014165
- JSON: https://secwatch.observer/filing/0001104659-25-014165.json
- Plain text: https://secwatch.observer/filing/0001104659-25-014165.txt

## Key facts
- Executive change
  Richard Joel Paolone was appointed as Interim Chief Executive Officer and Chairman of the Board at GridAI Technologies Corp..
  - Action: appointed
  - Role: Interim Chief Executive Officer and Chairman of the Board
  source text: On February 12, 2025, Richard Joel Paolone was appointed to serve as Interim Chief Executive Officer of the Company and Chairman of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604191/000110465925014165/0001104659-25-014165-index.htm
- Executive change
  James Sapirstein was terminated as Chief Executive Officer at GridAI Technologies Corp..
  - Action: terminated
  - Role: Chief Executive Officer
  source text: On February 12, 2025, the Board of Directors (the “Board”) of Entero Therapeutics, Inc. (the “Company”) terminated James Sapirstein as Chief Executive Officer of the Company, without cause, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604191/000110465925014165/0001104659-25-014165-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
