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BOCA RATON, FL / ACCESS Newswire / November 28, 2025 / Entero Therapeutics, Inc. (NASDAQ:ENTO) (the "Company") today announced that it will change its name to GridAI Technologies Corp., effective at 12:01 Eastern Time on Monday, December 1, 2025. The name change closely aligns the Company's business following its acquisition of 100% of GRID AI Corp ("GRID AI"), a grid-edge, AI-driven software and controls platform that enables utilities, retail energy providers, and large power users to dynamically manage load and distributed energy resources including battery energy storage systems. In connection with the name change, the Company will change its ticker symbol to "GRDX". The Company's common stock will commence trading on the Nasdaq Capital Market exchange under the new name and trading symbol on December 1, 2025.

(All dollar amounts expressed in US dollars unless otherwise noted)

The Company reported its highest-ever quarterly billed revenue of $11.7M (CAD $16.7M) in Q3 2025, representing a year-over-year increase of  44% from Q3 2024.The Company achieved positive EBITDA of $0.4M (CAD $0.5M) in Q3 2025 and remains profitable on a year-to-date basis.The Company secured a three-year, $4.0M revolving asset-based lending facility.The Company expanded production with increased snack-bite capacity and new sachet-pouch-filling capabilities.The Company continued to advance its expansion strategy, including signing a new lease for 154,000 square feet of manufacturing space.The Company has renewed its Normal Course Issuer Bid ("NCIB"), allowing for the potential repurchase of up to 3.7M subordinate voting shares over the next 12 months as part of its capital management strategy.

Positive cash flows from operations of over $3M for the first three quarters 2025.

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