Update: Entero Therapeutics Gets $2 Million Revolving Loan, Appoints 3 New Board Members-February 2024-www.financetom.com

Update: Entero Therapeutics Gets $2 Million Revolving Loan, Appoints 3 New Board Members

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Update: Entero Therapeutics Gets $2 Million Revolving Loan, Appoints 3 New Board Members

Feb 7, 2025 1:38 PM

04:01 PM EST, 02/07/2025 (MT Newswires) -- (Updates with the lender in the first paragraph.)

Entero Therapeutics ( ENTO ) got a $2 million revolving loan and appointed three new board members designated by the lender, 1396974 BC Ltd., as a condition for the funding.

Richard Paolone, Eric Corbett and Manpreet Uppal replaced James Sapirstein, Alastair Riddell and Timothy Ramdeen on the board, the company said in a regulatory filing dated Thursday.

The board has five members. Sapirstein is chief executive officer of Entero.

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