AG˹ٷ

STOCK TITAN

Entero Therapeutics, Inc. Announces $3.0 Million Private Placement Priced at the Market Under Nasdaq Rules

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
private placement

Entero Therapeutics (NASDAQ: ENTO), a clinical-stage biopharmaceutical company focused on GI diseases, has secured a $3 million private placement through the sale of pre-funded and common warrants. The offering includes 4,878,841 pre-funded warrants and 9,757,682 common warrants, with a combined purchase price of $0.6149 for one pre-funded warrant and two common warrants.

The pre-funded warrants have an exercise price of $0.00001 and are immediately exercisable. The common warrants, exercisable at $0.3649 per share, have a 5-year term. The company will receive $1 million at closing and the remaining $2 million upon registration statement effectiveness. The transaction is expected to close around August 11, 2025.

Entero Therapeutics (NASDAQ: ENTO), una società biofarmaceutica in fase clinica focalizzata sulle malattie gastrointestinali, ha ottenuto una collocazione privata da 3 milioni di dollari tramite la vendita di warrant pre-finanziati e warrant comuni. L'offerta comprende 4.878.841 warrant pre-finanziati e 9.757.682 warrant comuni, con un prezzo complessivo di acquisto di $0,6149 per un warrant pre-finanziato e due warrant comuni.

I warrant pre-finanziati hanno un prezzo di esercizio di $0,00001 e sono esercitabili immediatamente. I warrant comuni, esercitabili a $0,3649 per azione, hanno una durata di 5 anni. La società riceverà 1 milione di dollari alla chiusura e i restanti 2 milioni al momento dell'entrata in vigore della dichiarazione di registrazione. La transazione dovrebbe chiudersi intorno all'11 agosto 2025.

Entero Therapeutics (NASDAQ: ENTO), una compañía biofarmacéutica en fase clínica centrada en enfermedades gastrointestinales, ha conseguido una colocación privada de 3 millones de dólares mediante la venta de warrants prefinanciados y warrants ordinarios. La oferta incluye 4.878.841 warrants prefinanciados y 9.757.682 warrants ordinarios, con un precio combinado de compra de $0,6149 por un warrant prefinanciado y dos warrants ordinarios.

Los warrants prefinanciados tienen un precio de ejercicio de $0,00001 y son ejercitables de inmediato. Los warrants ordinarios, ejercitables a $0,3649 por acción, tienen un plazo de 5 años. La compañía recibirá 1 millón de dólares en el cierre y los 2 millones restantes al entrar en vigor la declaración de registro. Se espera que la transacción se cierre alrededor del 11 de agosto de 2025.

Entero Therapeutics (NASDAQ: ENTO)� 위장(GI) 질환� 주력하는 임상 단계� 바이오제약회사로, 선납(프리펀디드) 워런� � 보통 워런� 판매� 통해 미화 300� 달러($3 million)� 사모 발행� 확보했습니다. 이번 공모에는 4,878,841개의 프리펀디드 워런�9,757,682개의 보통 워런�가 포함되며, 프리펀디드 1개왶� 보통 워런� 2개의 결합 매수 가격은 $0.6149입니�.

프리펀디드 워런트의 행사가격은 $0.00001� 즉시 행사 가능하�, 보통 워런트는 주당 $0.3649� 행사가격에 5� 만기� 설정되어 있습니다. 회사� 클로� � 100� 달러� 수령하고, 등록 명세서의 효력 발생 � 나머지 200� 달러� 받게 됩니�. 거래� 2025� 8� 11일경 완료� 것으� 예상됩니�.

Entero Therapeutics (NASDAQ: ENTO), une société biopharmaceutique en phase clinique spécialisée dans les maladies gastro-intestinales, a obtenu un placement privé de 3 millions de dollars par la vente de warrants préfinancés et de warrants ordinaires. L'offre comprend 4 878 841 warrants préfinancés et 9 757 682 warrants ordinaires, avec un prix d'achat combiné de $0,6149 pour un warrant préfinancé et deux warrants ordinaires.

Les warrants préfinancés ont un prix d'exercice de $0,00001 et sont exerçables immédiatement. Les warrants ordinaires, exerçables à $0,3649 par action, ont une durée de 5 ans. La société recevra 1 million de dollars à la clôture et les 2 millions restants lors de la mise en vigueur de la déclaration d'enregistrement. La transaction devrait se clôturer aux alentours du 11 août 2025.

Entero Therapeutics (NASDAQ: ENTO), ein biopharmazeutisches Unternehmen in klinischer Phase mit Schwerpunkt auf gastrointestinalen Erkrankungen, hat durch den Verkauf von vorausfinanzierten Warrants und gewöhnlichen Warrants eine Private Placement in Höhe von 3 Millionen US-Dollar abgeschlossen. Das Angebot umfasst 4.878.841 vorausfinanzierte Warrants und 9.757.682 gewöhnliche Warrants, wobei der kombinierte Kaufpreis für einen vorausfinanzierten Warrant und zwei gewöhnliche Warrants $0,6149 ٰä.

Die vorausfinanzierten Warrants haben einen Ausübungspreis von $0,00001 und sind sofort ausübbar. Die gewöhnlichen Warrants sind zu $0,3649 je Aktie ausübbar und haben eine Laufzeit von 5 Jahren. Das Unternehmen erhält 1 Million US-Dollar bei Abschluss und die verbleibenden 2 Millionen US-Dollar bei Wirksamwerden der Registrierungsunterlagen. Die Transaktion soll um den 11. August 2025 abgeschlossen werden.

Positive
  • Immediate access to $1 million in capital at closing
  • Additional $2 million secured upon registration effectiveness
  • Pre-funded warrants provide immediate exercisability
  • Offering priced at market under Nasdaq rules, maintaining compliance
Negative
  • Potential dilution for existing shareholders upon warrant exercise
  • Offering price represents a discount to market value
  • Complex warrant structure may create future selling pressure

Insights

Entero Therapeutics raises $3M through warrant offering to support GI therapy development, representing modest capital infusion with potential dilution concerns.

Entero Therapeutics has secured approximately $3 million in financing through a private placement of warrants, structured as 4,878,841 pre-funded warrants and 9,757,682 common warrants. The transaction is priced at $0.6149 per unit (one pre-funded warrant plus two common warrants), at market under Nasdaq rules, which means it's priced at or above the consolidated closing bid price.

The structure of this deal is noteworthy - pre-funded warrants are essentially equivalent to common stock with an exercise price of just $0.00001, while the common warrants have an exercise price of $0.3649 with a 5-year term. This indicates the company is using a warrant-based structure rather than direct equity issuance, likely to provide future financing flexibility while managing current share price impact.

For a clinical-stage biotech company, this $3 million represents a relatively modest capital raise. The staggered payment structure ($1 million at closing and $2 million upon registration effectiveness) suggests careful cash management planning. The company hasn't specified exact use beyond "general corporate purposes and working capital," which typically indicates ongoing operational support rather than a specific clinical milestone or expansion.

The private placement to institutional investors indicates continued institutional interest, though the warrant structure and size suggest this is more about extending runway than aggressive growth financing. This type of financing is common among smaller biotech companies seeking to sustain operations while advancing clinical programs without excessive immediate dilution, though the warrants do represent potential future dilution.

Boca Raton, Florida--(Newsfile Corp. - August 11, 2025) - Entero Therapeutics, Inc. (NASDAQ: ENTO) (the "Company"), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of approximately $3 million of pre-funded and common warrants. The entire transaction has been priced at the market under Nasdaq rules.

The offering consists of the sale of 4,878,841 pre-funded warrants and 9,757,682 common warrants to purchase one share of common stock per warrant. The combined purchase price for one pre-funded warrant and two common warrants is $0.6149.The pre-funded warrants will be immediately exercisable at an exercise price of $0.00001 and may be exercised at any time until exercised in full. The initial exercise price of each common warrant is $0.3649 per share of common stock and the common warrants are exercisable immediately and expire 60 months after the effective date of the resale registration statement registering the shares underlying the pre-funded warrants and common warrants or the date that such shares can be resold without restriction or limitation pursuant to Rule 144.

Aggregate gross proceeds to the Company are expected to be approximately $3.0 million. Approximately $1.0 million of the proceeds will be paid to the Company at closing and $2.0 million will be paid when the resale registration statement is declared effective. The transaction is expected to close on or about August 11, 2025, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital.

Sichenzia Ross Ference Carmel LLP is acting as counsel to the Company. Kaufman & Canoles, P.C. is acting as counsel to the investors.

The securities described above are being sold in a private placement transaction not involving a public offering and have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws. Accordingly, the securities may not be reoffered or resold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. The securities were offered only to accredited investors. Pursuant to a registration rights agreement with the investors, the Company has agreed to file one or more registration statements with the SEC covering the resale of the shares of common stock issuable upon exercise of the pre-funded warrants and warrants.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Entero Therapeutics, Inc.

Entero Therapeutics, Inc., is a late clinical-stage biopharmaceutical company focused on the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases. The Company's programs address significant unmet needs in GI health and include: latiglutenase, potentially first-in-class, targeted, oral biotherapeutic for celiac disease; capeserod, a selective 5-HT4 receptor partial agonist for indications including gastroparesis; and adrulipase, a recombinant lipase enzyme designed to enable the digestion of fats and other nutrients in cystic fibrosis and chronic pancreatitis patients with exocrine pancreatic insufficiency. For more information visit www.enterothera.com.

Forward-Looking Statements

The foregoing material may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

For more information:
Entero Therapeutics, Inc.
777 Yamato Road, Suite 502
Boca Raton, FL 33431
Phone: (561) 589-7020
[email protected]

Investor contact information:
Entero Investor Relations
[email protected]

To view the source version of this press release, please visit

FAQ

What is the size and structure of Entero Therapeutics' (ENTO) private placement?

Entero Therapeutics secured a $3 million private placement consisting of 4,878,841 pre-funded warrants and 9,757,682 common warrants, with a combined price of $0.6149 for one pre-funded warrant and two common warrants.

How will the proceeds from ENTO's private placement be distributed?

The proceeds will be distributed in two tranches: $1 million at closing and $2 million when the resale registration statement becomes effective.

What are the terms of ENTO's common warrants in the private placement?

The common warrants have an exercise price of $0.3649 per share, are immediately exercisable, and expire 5 years after the effective date of the resale registration statement.

How does Entero Therapeutics plan to use the funds from the private placement?

Entero Therapeutics plans to use the net proceeds for general corporate purposes and working capital, combined with their existing cash.

When is ENTO's private placement expected to close?

The private placement is expected to close on or about August 11, 2025, subject to customary closing conditions.
Entero Therapeutics

NASDAQ:ENTO

ENTO Rankings

ENTO Latest News

ENTO Stock Data

2.10M
4.42M
7.3%
2.86%
13.61%
Biotechnology
Pharmaceutical Preparations
United States
BOCA RATON