tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Entero Therapeutics Announces Reverse Stock Split

Story Highlights
  • Entero Therapeutics announced a 1-for-3 reverse stock split effective August 18, 2025.
  • The reverse split aims to comply with Nasdaq’s listing requirements by raising the stock price above $1.00.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Entero Therapeutics Announces Reverse Stock Split

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Entero Therapeutics ( (ENTO) ) just unveiled an update.

Entero Therapeutics, Inc. announced a 1-for-3 reverse stock split of its common stock, approved by the board and shareholders on June 30, 2025, and effective on August 18, 2025. This move aims to increase the per-share bid price above $1.00 to comply with Nasdaq’s listing requirements, thereby maintaining its listing on the Nasdaq Capital Market. The reverse stock split will reduce the company’s outstanding common stock from approximately 4.77 million shares to about 1.59 million shares, and stockholders will receive cash for fractional shares. The company emphasizes the importance of maintaining Nasdaq listing for enhancing shareholder value.

More about Entero Therapeutics

Entero Therapeutics, Inc. is a late clinical-stage biopharmaceutical company focused on developing targeted, non-systemic therapies for gastrointestinal (GI) diseases. The company is working on Adrulipase, a recombinant lipase enzyme aimed at aiding digestion in cystic fibrosis and chronic pancreatitis patients with exocrine pancreatic insufficiency.

Average Trading Volume: 6,619,177

Technical Sentiment Signal: Sell

Current Market Cap: $2.92M

See more insights into ENTO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1