Entero Therapeutics acquires GridAI in share exchange; former GridAI holders to own 82.5% of diluted ENTO

GridAI Technologies Corp.

Acquired 100% of GridAI for 424,348 common shares (19.99% of outstanding) and 38,801,546 Series H convertible shares.
Upon conversion (subject to shareholder approval), former GridAI stockholders will own 82.5% of ENTO on a fully diluted basis.
GridAI is a grid-edge AI platform managing behind-the-meter assets; over $50M invested since 2019.
ENTO must raise at least $3M in gross proceeds within 30 days post-closing and maintain $2M cash minimum.
Former GridAI shareholders get right to designate 2 directors initially, eventually 5 of 7 board seats.

item 1.01 item 2.01 item 3.02 item 5.03 item 7.01 item 8.01 item 9.01

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accession 0001104659-25-097138

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