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ORLANDO, FLORIDA / ACCESS Newswire / October 2, 2025 / RedChip Companies will host an investor webinar with 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP)(NASDAQ:SXTPW), a pharmaceutical company focused on developing new medicines for vector-borne diseases, on October 22, 2025, at 4:15 p.m. ET. The event will feature 60 Degrees Pharmaceuticals’ CEO Geoffrey Dow, PhD.

Dr. Dow will highlight the potential of ARAKODA® (tafenoquine), an FDA-approved antimalarial developed with the U.S. Army, and its expanding commercial footprint in the U.S. He will also outline the company’s plan to expand FDA approval for tafenoquine to babesiosis-a growing tick-borne illness, incidence of which, management believes is vastly underrepresented by CDC estimates and for which there is no FDA-approved therapy. 60 Degrees Pharmaceuticals has two clinical trials (hospitalized babesiosis patients and relapsing patients) underway, and initiation of a third planned near-term.

60 Degrees Pharmaceuticals has Orphan Drug status for tafenoquine for babesiosis and patent exclusivity for the malaria indication through 2035.

A live Q&A session with management will follow the presentation.

To register for the free webinar, please visit: https://www.redchip.com/webinar/SXTP/88177419350

Questions can be pre-submitted to SXTP@redchip.com or online during the live event.

About 60 Degrees Pharmaceuticals, Inc.

60 Degrees Pharmaceuticals, Inc., founded in 2010, specializes in developing and marketing new medicines for the treatment and prevention of vector-borne diseases that affect the lives of millions of people. 60 Degrees Pharmaceuticals, Inc. achieved FDA approval of its lead product, ARAKODA® (tafenoquine), for malaria prevention in 2018. 60 Degrees Pharmaceuticals, Inc. also collaborates with prominent research organizations in the U.S., Australia, and Singapore. The 60 Degrees Pharmaceuticals, Inc. mission has been supported through in-kind funding from the U.S. Department of War and private institutional investors including Knight Therapeutics Inc., a Canadian-based pan-American specialty pharmaceutical company. 60 Degrees Pharmaceuticals, Inc. is headquartered in Washington D.C., with a majority-owned subsidiary in Australia. Learn more at www.60degreespharma.com.

About RedChip Companies

RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on microcap and small-cap companies. For 33 years, RedChip has delivered concrete, measurable results for its clients. Our newsletter, Small Stocks, Big Money™, is delivered online weekly to 60,000 investors. RedChip has developed the most comprehensive service platform in the industry for microcap and small-cap companies. These services include the following: a worldwide distribution network for its stock research; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated millions of unique investor views; investor webinars and group calls; a television show, Small Stocks, Big Money™, which airs weekly on Bloomberg US; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more. RedChip also offers RedChat™, a proprietary AI-powered chatbot that analyzes SEC filings and corporate disclosures for all Nasdaq and NYSE-listed companies, giving investors instant, on-demand insights.

To learn more about RedChip’s products and services, please visit:

https://www.redchip.com/corporate/investor_relations

“Discovering Tomorrow’s Blue Chips Today”™

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Contact:

Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
1-800-REDCHIP (733-2447)
SXTP@redchip.com

–END–

SOURCE: RedChip Companies, Inc.

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LOS ANGELES, CALIFORNIA / ACCESS Newswire / October 2, 2025 / Pacific Avenue Capital Partners (“Pacific Avenue”), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, announced today that an affiliate of Pacific Avenue has completed the acquisition of Pick Your Part (“PYP”) from LKQ Corporation (Nasdaq:LKQ). PYP is a long-established, environmentally-conscious auto salvage business known for its self-service salvage yards. PYP operates 61 locations across the United States, enabling customers to remove and purchase used auto parts at affordable prices. PYP operates one of the largest networks of self-service salvage yards, serving a broad base of customers seeking cost-effective solutions.

The acquisition of PYP is the latest example of Pacific Avenue’s ability to navigate complex transactions and partner with corporate parents to effectively execute seamless carve-outs of non-core business units across a wide variety of industries. Under Pacific Avenue’s stewardship, PYP will focus its efforts on meeting the needs of its customers and driving forward a series of strategic growth initiatives, including actively pursuing add-on acquisitions, to strengthen its leading position.

PYP’s existing leadership team will remain in place, continuing to prioritize quality, service, and support to PYP stakeholders across the country. In addition, Robert Wagman and Dom Schiano are expected to become board members of the standalone business.

“We are thrilled to officially complete our acquisition of Pick Your Part, the nation’s leading self-service salvage yard operator. The company’s strong brand, customer value proposition, and commitment to sustainable automotive recycling are all hallmarks of its industry leadership and also what make PYP a particularly attractive platform for future M&A. We look forward to partnering with the management team to execute on our shared vision for value creation and long-term success of the business.”

-James Oh, Partner of Pacific Avenue

“We are pleased to close on Pacific Avenue’s latest corporate carve-out acquisition and are proud to have partnered with LKQ on this important strategic transaction. PYP is a natural fit with our portfolio of industry-leading companies, and we are impressed with its ability to consistently provide customers with affordable, high-quality parts. We look forward to supporting the management team with the resources and expertise to drive growth and create lasting value.”

-Chris Sznewajs, Managing Partner of Pacific Avenue

“Pacific Avenue’s acquisition marks an exciting new chapter for Pick Your Part. This new partnership will provide incremental resources and strategic support to accelerate growth, drive operational excellence, pursue accretive M&A, and continue delivering unmatched value to our customers and partners. We’re proud of what the PYP team has built thus far, and we look forward to the many opportunities that lie ahead under our new ownership.”

-Mike Dufresne, CEO of Pick Your Part

Kirkland & Ellis served as the legal advisor for Pacific Avenue. Partners Capital was a lead co-investor in the transaction.

About Pacific Avenue Capital Partners

Pacific Avenue Capital Partners is a global private equity firm, headquartered in Los Angeles with an office in Paris. The firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has approximately $3.8 billion of Assets Under Management (AUM) as of August 31, 2025 (based on Q2 2025 valuations, presented pro forma for the capital commitments of Pacific Avenue Fund II and its sidecar vehicle, which closed in Q3 2025). For more information, please visit www.pacificavenuecapital.com.

About Partners Capital

With more than $63 billion in assets under management, Partners Capital is a leading global investment firm acting for distinguished endowments, foundations, senior investment professionals and prominent families. For more information, please visit www.partners-cap.com/co-investment.

About LKQ

LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OEM recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

Contact Information
Chris Baddon
Principal
cbaddon@pacificavenuecapital.com

SOURCE: Pacific Avenue Capital Partners

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US Med-Equip reports record demand as hospitals face flu & COVID surges, seek flexible, cost-controlling solutions without compromising patient care

HOUSTON, TX / ACCESS Newswire / October 2, 2025 / Across the U.S., hospital systems are increasingly relying on medical equipment rentals to meet fluctuating patient care needs, such as flu and COVID surges, fueled by supply chain pressures and the need for operational flexibility.

US Med-Equip, a national leader in medical equipment rentals, reported record growth as more hospitals turn to its on-demand rental solutions for timely access to critical devices without the financial burden of ownership.

From ventilators and infusion pumps to bariatric beds and advanced therapeutic surfaces, rental solutions allow hospitals to scale resources up or down as patient volumes fluctuate, support complex care cases and reduce equipment downtime.

“As cases of respiratory illnesses start to climb, hospitals assess their equipment utilization to ensure their staff has the necessary equipment when they need it, where they need it to help their patients heal,” said Greg Salario, CEO of US Med-Equip.

With healthcare costs rising and unpredictable patient surges becoming the norm, hospitals are prioritizing flexible, data-driven equipment management strategies to help avoid equipment shortages and budget strains. More hospitals than ever are turning to US Med-Equip’s rentals and ASAP Asset Management program, which offers strategic solutions, equipment tracking and award-winning EMR connectivity to help optimize costs, improve care and better prepare for ongoing and future health crises.

“Healthcare is evolving, and hospitals need solutions that match their pace,” Salario said. “Renting high-quality, patient-ready equipment allows hospitals to adapt quickly, maintain safety standards and manage costs effectively without compromising care.”

US Med-Equip’s nationwide network provides fast, reliable delivery of equipment that meets the highest standards for preventative maintenance and cleanliness. Around-the-clock support from in-house customer experience associates and clinical services support hospitals’ operational and patient care needs, helping give clinicians confidence that equipment is always patient-ready.

About US Med-Equip
US Med-Equip provides top hospitals with rental and asset management solutions that help optimize operational efficiency, improve patient outcomes and reduce total cost of care. With dedicated employees across more than 100 locations, US Med-Equip supports hospitals in delivering safe, patient-ready medical equipment within 2 hours plus drive time 24/7, 365 days a year.

SOURCE: US Med-Equip

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Company to Collaborate with Colorado State University on High-Energy Pulsed Laser Optics to Advance Fusion Energy Commercialization

PALO ALTO, CALIFORNIA / ACCESS Newswire / October 2, 2025 / Blue Laser Fusion Inc. (BLF), a leading fusion energy company, has won a highly competitive US Department of Energy (DOE) INFUSE project award to further develop its novel high-energy pulsed laser for inertial fusion energy applications in collaboration with Colorado State University (CSU).

The project focuses on the development of advanced optical interference coatings for the Blue Laser Fusion optical enhancement cavity (OEC) laser to generate the high pulse energy and fast repetition rates required for high gain, efficient fusion energy generation. The DOE funded work leverages the expertise of Dr. Carmen Menoni, University Distinguished Professor of Electrical and Computer Engineering at Colorado State University. Professor Menoni is a world leader in amorphous oxide interference coatings, critical components of the most advanced laser systems. She is also the Director of the Inertial Fusion Energy RISE HUB, supported by the US Department of Energy.

The project was awarded as part of the DOE’s Innovation Network for Fusion Energy (INFUSE) initiative, which awarded $6.1M to private public collaborations in 2025 to accelerate the development of cost-effective, innovative fusion energy technologies in the private sector. The DOE INFUSE program’s overarching objective is to ensure U.S. energy, environmental & security needs.

Dr. Shuji Nakamura, CEO of Blue Laser Fusion and 2014 Nobel Prize Winner, commented, “We are proud to announce this DOE INFUSE project award and our special collaboration with Colorado State University as we work to accelerate the commercialization of laser-based fusion energy. By cooperating with Professor Menoni and her group at CSU, Blue Laser Fusion will have access to world-class optics expertise and capabilities to advance our OEC laser innovations.”

Professor Carmen Menoni describes, “In this INFUSE project we will fabricate and evaluate interference coatings to create world-class mirrors to support the BLF optical enhancement cavity platform and develop characterization tools to evaluate the reflectivity and thermal performance of the mirrors. The BLF OEC enables a new performance regime for high energy pulsed lasers that can be used to drive fusion reactions.”

Blue Laser Fusion was founded in 2022 by Dr. Shuji Nakamura, 2014 Nobel Laureate in Physics and solid-state lighting pioneer, whose high efficiency LED lighting inventions have helped transform the world by substantially reducing the global energy power consumption. BLF’s enabling technology innovations include a high efficiency, cost effective megajoule class pulse energy laser with a fast repetition rate, coupled with a high gain fuel target to achieve commercial fusion. BLF is a corporate partner in the US DOE RISE HUB for fusion and is on the industrial council for the US DOE FIRE Collaboratives led by General Atomics on fusion targets and by Idaho National Labs on
fusion reactor design.

For additional information of DOE INFUSE program, see: https://infuse.ornl.gov.

About Blue Laser Fusion, Inc.
Blue Laser Fusion Inc. (BLF) is a leading fusion energy company based in Santa Barbara, CA with offices in Silicon Valley and Tokyo, Japan. The company is commercializing a proprietary and novel laser fusion technology to achieve the world’s first carbon-free, on demand, renewable, clean energy generation and to accelerate a transition to an electrified world. BLF aims to commercialize a GW scale reactor to provide power to the grid to meet the acute and increasing demand for clean energy for data centers and to support the AI revolution, for semiconductor chip fabrication facilities and chemical and steel production plants, as well as for electric vehicles and homes. The company has a comprehensive IP portfolio with more than 100 patents and applications internationally.
To learn more, please visit: www.bluelaserfusion.com

CONTACT:

Ayako Muraoka
Administrative Assistant
ayako@bluelaserfusion.com

SOURCE: Blue Laser Fusion Inc.

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SASKATOON, SK / ACCESS Newswire / October 2, 2025 / Bridlewood Home Products has been recognized with the 2025 Consumer Choice Award in the Fireplace Sales and Service category for Saskatoon. This marks the company’s seventh win, a testament to its commitment to providing high-quality Canadian-made products and reliable customer service.

Family owned and operated, Bridlewood Home Products has been part of the Saskatoon community since 2004. Under the leadership of current owner John Christenson since 2010, the company has remained focused on offering superior radiant heat products and ventilation equipment that bring both comfort and efficiency to Canadian homes.

“Our mission has always been to provide customers with products they can trust and service they can rely on,” says John Christenson, Owner of Bridlewood Home Products. “Winning the Consumer Choice Award for the seventh time reflects the loyalty of our customers and the dedication of our team.”

Recognition From the Community

The Consumer Choice Award is the only organization in North America that recognizes business excellence based entirely on the opinions of consumers. Winners are selected through an independent research process that evaluates reputation, customer satisfaction, and overall business excellence.

For Bridlewood Home Products, being chosen as Saskatoon’s top fireplace sales and service provider for seven consecutive years highlights the trust the community has placed in their products and expertise.

Specializing In Canadian-Made Comfort

Bridlewood Home Products takes pride in offering Canadian-made products of exceptional quality. From radiant heat solutions to ventilation systems, the company provides equipment designed to withstand Canada’s unique climate while delivering comfort and efficiency. With a knowledgeable team and a customer-first approach, Bridlewood Home Products ensures every client receives personalized service and support.

A Continued Commitment to Excellence

As Bridlewood Home Products celebrates its seventh Consumer Choice Award win, the company remains committed to its founding values of quality, service, and community trust. By continuing to provide dependable products and expert service, the business looks forward to serving homeowners in Saskatoon for many years to come.

To learn more about Bridlewood Home Products, visit www.bridlewoodhome.com or CLICK HERE.

About Bridlewood Home Products
Founded in 2004, Bridlewood Home Products is a family-owned and operated business in Saskatoon specializing in fireplace sales, radiant heat products, and ventilation equipment. Since 2010, under the ownership of John Christenson, the company has been committed to offering Canadian-made products of superior quality and delivering reliable service to its customers. Learn more at www.bridlewoodhome.com.

About Consumer Choice Award
Since 1987, Consumer Choice Award has been recognizing and promoting business excellence across North America. Through a rigorous selection process, only the most outstanding businesses in each category earn this prestigious recognition. Learn more at www.ccaward.com.

Contact Information:
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

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Transoft Solutions Named First North American Company to Become an Accredited AiRAP Data Provider for iRAP Global Road Assessments

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / October 2, 2025 / Transoft Solutions, a global leader in transportation engineering, analysis, and operations software, is now officially an accredited AiRAP data provider, reinforcing its support for the International Road Assessment Programme’s (iRAP) vision of a world free of high-risk roads. This achievement enables more efficient iRAP Star Rating assessments performed by road safety professionals and practitioners.

iRAP’s Star Rating methodology uses a predictive, risk-based approach to assess roads universally by reviewing attributes present along the road corridor. The time-consuming traditional method of conducting an iRAP Star Rating involves accredited coders manually reviewing video footage of road, 100m at a time, and coding more than 50 road attributes. These attributes are then processed through iRAP’s ViDA software to get an objective star rating measure of the level of safety for vehicle occupants, motorcyclists, cyclists, and pedestrians. To scale this process, iRAP launched AiRAP in 2019, which stands for the “accelerated and intelligent” capture of road safety data. Learn more about AiRAP at: www.irap.org/airap.

Figure 1. Star Rating Calculations as demonstrated in AssetMAPPER Roads

Transoft AssetMAPPER® Roads, an AiRAP accredited inspection system, has expanded its capabilities to simplify the road coding and data preparation steps in road assessments, lowering costs per unit of road assessed and streamlining inventory and condition data collection, performance monitoring and risk analysis, and lifecycle planning.

Under the traditional road coding approach, AssetMAPPER allows users to manually code road attributes from 360° video footage through its user-friendly web browser interface. Under the AiRAP framework, AssetMAPPER enables open-source data and advanced computer vision in 360° video footage to accelerate the automated coding of 20 road attributes.

As an accredited AiRAP data provider with an accredited inspection system, AssetMAPPER can help you:

• Accelerate the road coding and data preparation processes for iRAP Star Ratings

• Leverage multiple data sources, including open-source data and advanced computer vision in 360° video footage

• Enhance road assessments and planning with repeatable, scalable tools

Figure 2. Road Coding Features as demonstrated in AssetMAPPER Roads

“We are honored to receive AiRAP accreditation for AssetMAPPER, reaffirming Transoft Solutions’ commitment to advancing global road safety through innovation. This recognition highlights the power of automation in transforming how road attributes are assessed, making safety evaluations more efficient, consistent, and scalable,” says Matthieu Levivier, Director of Business Development at Transoft Solutions.

About AssetMAPPER

AssetMAPPER is a web-based application designed to support the inventory, inspection, and assessment of roads. Featuring an intuitive interface, 360° video integration, and advanced computer vision, it streamlines data collection, performance monitoring, and lifecycle planning.

Trusted by transportation agencies, governments, and port authorities, AssetMAPPER automates asset collection and classification, helping reduce costs, save time, and improve decision-making for infrastructure management at any scale. With the added AiRAP capabilities, road assessment is further streamlined in the coding and data preparation steps, allowing for faster planning of preventative maintenance and upgrades.

To learn more about AssetMAPPER, visit: www.transoftsolutions.com/landing/assetmapper-airap-accreditation

About Transoft Solutions

Transoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modelling, and design solutions is used in over 150 countries, serving more than 50,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, France, Spain, Slovenia, and China. For more information on Transoft’s range of aviation, civil design, and traffic safety solutions, visit: www.transoftsolutions.com.

Media Contact

Public Relations, Transoft Solutions
Email: publicrelations@transoftsolutions.com

SOURCE: Transoft Solutions, Inc.

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Saudi Electricity Company Appoints Eng. Khalid Bin Salem AlGhamdi as Chief Executive Officer

RIYADH, SA / ACCESS Newswire / October 1, 2025 / The Board of Directors of the Saudi Electricity Company (SEC) has announced the appointment of Eng. Khalid bin Salem AlGhamdi as the company’s Chief Executive Officer, effective October 1st 2025 . The decision reflects the Board’s confidence in the capabilities of Saudi talent and their vital role in advancing the Kingdom’s electricity sector, a key enabler of the country’s ongoing economic and social transformation.

Commenting on his appointment, Eng. AlGhamdi expressed his deep pride in this trust, extending his sincere gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister – may God protect them – for their unwavering support of SEC, which has enabled the company to achieve major milestones and strengthen its role in driving national development. He also acknowledged the guidance and close follow-up of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz، Minister of Energy, whose leadership continues to serve as a cornerstone of SEC’s success.

Eng. AlGhamdi also thanked the company’s Board of Directors for their trust and support, affirming that this confidence will be a driving force to continue working to fulfil the expectations of customers and shareholders. He added: “Together with my colleagues at SEC, I look forward to a new chapter of collective effort building on the company’s past achievements across all fronts. With the grace of God, we will continue to meet the expectations of more than 11 million customers across the Kingdom by providing reliable and high-quality electricity services. Our focus will be on further enhancing grid reliability, and increasing the company’s contribution to the ambitious objectives of Saudi Vision 2030 – reinforcing SEC’s position as a leading national utility and a key player in the global energy landscape.”

Eng. AlGhamdi is regarded as one of the Kingdom’s distinguished national leaders. He has held several senior positions at SEC, including Executive Vice President for Technical Services, Acting Vice President of Risk and Compliance, Chief Engineer between 2022 and 2023, and Senior Vice President of Digital and Technology, where he oversaw the implementation of major strategies and programs across the company.1

Contact Information

Saudi Electricity Company
Al-Arid, Riyadh
alkahrabacare@se.com.sa
920001100

SOURCE: Saudi Electricity Company

View the original press release on ACCESS Newswire

Transaction positions ENTO in the high-growth AI energy-infrastructure market, amid a surge of multi-billion-dollar hyperscaler spending on data centers, and rapid growth in behind-the-meter energy storage solutions

BOCA RATON, FL / ACCESS Newswire / October 1, 2025 / Entero Therapeutics, Inc. (NASDAQ:ENTO) (“ENTO” or the “Company”) today announced it has acquired 100% of GRID AI Corp (“GRID AI”), a grid-edge, AI-driven software and device platform that enables utilities, retailers, and large power users to dynamically manage load and distributed energy resources (“DERs”).

Over $50 million has been invested since 2019 to commercialize this revolutionary autonomous platform delivering Dynamic Load Shaping™ (DLS) and an Aggregation Management Platform (AMP) that orchestrate millions of behind-the-meter assets (including EV chargers, batteries, HVAC, water heaters and rooftop solar) using AI, machine learning and edge analytics to balance supply and demand in real time, creating a more reliable, resilient, and transactive grid. www.grid-ai.com

“This transaction is transformative for ENTO,” said Jason Sawyer, Interim Chief Executive Officer of ENTO. “By combining GRID AI’s grid-edge intelligence with our public-company platform, we intend to scale solutions that help utilities and hyperscalers meet unprecedented AI-driven power demand while improving grid reliability for consumers and enterprises alike.”

Hyperscalers are redefining power demand; AI build-out fuels multi-trillion-dollar capex

AI workloads are driving a step-function increase in electricity consumption from data centers. Goldman Sachs Research projects global data-center power demand to rise ~50% by 2027 (to ~92 GW) and as much as 165% by 2030 versus 2023, as AI inference and training proliferate. At the same time, hyperscaler capex is surging: public estimates indicate hundreds of billions annually, with some analyses pointing to cumulative AI-related infrastructure spending surpassing the multi-trillion-dollar mark in the medium term.

Recent marquee commitments underscore the scale: for example, a $14.2 billion multi-year AI infrastructure agreement between CoreWeave and Meta highlights sustained hyperscaler investment to secure GPU capacity and power-dense facilities. Separate sell-side forecasts point to AI infrastructure investments exceeding $2.8 trillion by 2029, reflecting escalating capacity and power needs from Microsoft, Amazon, Alphabet and others.

Where GRID AI fits: balancing the grid between consumers and corporations

Governments and network operators face an urgent challenge: managing increasingly peaky, localized loads from AI data centers while integrating variable renewables and protecting consumer reliability. GRID AI’s DLS™ platform directly addresses this challenge by unlocking flexible demand from millions of devices, enabling automated demand shaping, price-responsive load, and DER aggregation that can defer costly grid upgrades and balance enterprise data-center loads with consumer needs.

Strategic rationale for ENTO

• Entry into a secular growth market: The acquisition positions ENTO squarely within the AI + energy nexus, a sector with strong tailwinds and no signs of slowing, per multiple investment-bank research outlooks on data-center power growth.
• Scalable software & services model: GRID AI’s grid-edge platform targets recurring SaaS-like revenues from utilities and retailers, with potential to expand into industrial, commercial and hyperscaler demand-side solutions.
• Public-company springboard: ENTO expects that its public-market access can accelerate GRID AI’s go-to-market, partnerships, and project financing alongside utilities and large energy users.
• Portfolio diversification: The acquisition broadens ENTO’s strategy into critical infrastructure software, complementing existing capabilities and opening new adjacencies in energy flexibility, virtual power plants (VPPs), and transactive energy.

Transaction details

Under the terms of the agreement, ENTO acquired 100% of GRID AI. Subject to shareholder approval, the former shareholders of GRID AI will own approximately 82.5% of the fully diluted ENTO common stock outstanding, while existing ENTO shareholders will retain approximately 17.5%. At closing, the former shareholders of GRID AI have the right to designate two directors to ENTO’s board of directors, with additional directors to be appointed upon full implementation of the agreement, such that upon completion they will be entitled to appoint five of seven directors. In connection with the acquisition, and subject to any required shareholder approval, ENTO may also issue additional equity-based incentives, including restricted stock awards and options, to support retention and alignment of key personnel.

To the extent required by NASDAQ’s change of control rules and regulations, ENTO will file an initial listing application for its common stock.

About GRID AI

GRID AI is a grid-edge technology business providing Dynamic Load Shaping™, DER aggregation, and AI-driven orchestration to enable a future-proof, transactive grid. Its Aggregation Management Platform leverages IoT, AI/ML and edge analytics to forecast, optimize and dispatch flexible demand across millions of devices for utilities, retailers and large energy users. www.grid-ai.com

About Entero Therapeutics, Inc. (NASDAQ:ENTO)

Entero Therapeutics is a publicly listed company on Nasdaq. Entero Therapeutics 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 comprise development of 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. Following completion of the GRID AI acquisition, ENTO intends to continue these prior operations and to operate GRID AI as a wholly owned subsidiary and pursue opportunities at the intersection of AI and energy infrastructure.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding strategic benefits of the acquisition, market opportunities, product capabilities, stockholder approval of the transaction, Nasdaq’s approval of an initial listing application, if any, and future operating results. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially. Important factors include, among others, our business strategy; the risk that regulatory or third-party approvals are delayed or not obtained; integration challenges; market adoption; competitive dynamics; macroeconomic and energy-market conditions; and other risks detailed from time to time in ENTO’s SEC filings. ENTO undertakes no obligation to update forward-looking statements.

Investor & Media Contacts:

Entero Investor Relations
investors@enterothera.com

SOURCE: Entero Therapeutics, Inc.

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TAMPA, FL / ACCESS Newswire / October 1, 2025 / Infotect Design Solutions, a Managed Service Provider specializing in finding innovative technology solutions for small businesses, non-profits, and local government, is thrilled to celebrate 25 years of delivering unparalleled expertise to their clients.

Since its founding in 2000, Infotect Design Solutions has grown from a small IT firm to a leading provider in the Tampa Bay area, with an annual revenue of $3 million and over 30 employees providing white-glove services to businesses, national and international alike.

For its 25th anniversary, Infotect Design Solutions inaugurated a new office. This expansion marks a significant milestone for the company and represents its commitment to innovation and collaboration while supporting its ever-growing clientele.

Infotect’s unique mission is to provide personalized assessments, solve complex business challenges, and develop long-term growth plans. Bridging the gap between unique technology needs and reliable consulting and training services, Infotect empowers clients to leverage evolving technology effectively.

The company has successfully integrated AI tools to boost productivity and streamline operations for clients, while also actively participating in local community initiatives to support technological development.

Steven R. Williams, President of Infotect Design Solutions, said,

“It is fitting that 2025, our 25^th anniversary, is the year we settle into our new home to support the next decade of growth and opportunities. I am extremely proud of the team and culture we have built. I believe that when we build strong internal relationships with a cohesive vision, then it is easy to foster and develop the same kind of long-lasting client relationships!”

Infotect Design Solutions is based in Tampa, Florida with clients around the United States and Caribbean. For more information, visit www.infotect.us or contact info@infotect.us.

About Infotect Design Solutions

Founded in 2000, Infotect Design Solutions is a Florida-based IT consulting firm specializing in cloud applications, workflow automation, and managed services. With over two decades of partnership with Microsoft, Infotect empowers small and mid-sized organizations to embrace digital transformation through secure, scalable, and user-friendly technology solutions. Service verticals include non-profits, medical, construction and local government with clients internationally. The company’s mission is rooted in delivering exceptional service, fostering long-term client relationships, and helping organizations achieve their goals through innovation and strategic IT support. 

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SOURCE: Infotect Design Solutions

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OMAHA, NE / ACCESS Newswire / October 1, 2025 / Affluent retirees face unprecedented challenges as they navigate a complex financial landscape, including market volatility, rising healthcare costs, inflation, and increased life expectancy. They are looking for solid advice and actionable strategies to protect their money and themselves throughout retirement.

This book offers readers a comprehensive guide that goes beyond traditional financial strategies. In Retire On Your Terms, co-author Akil Davis equips readers with strategies to overcome these hurdles and design a retirement plan tailored to their unique goals and values.

Davis emphasizes a holistic mindset shift regarding retirement, focusing on personal values, lifestyle aspirations, and the creation of a tailored retirement plan that aligns with individual goals.

“Retirement is a personal journey that should be defined by you, not dictated by societal norms or financial myths or the desires of others,” said Davis. “In our book, we empower readers to take control of their financial futures, helping ensure they can enjoy their retirement on their own terms.”

Davis understands the complexities and challenges that individuals face as they approach retirement. He believes that retirement should not merely be about financial accumulation but about achieving a fulfilling life that reflects one’s dreams and values.

Retire On Your Terms covers essential topics, including:

• Overcoming financial myths that can derail retirement plans.

• Strategies for creating a personalized roadmap to financial security.

• Insights into reducing unnecessary taxes and protecting wealth.

• Real-life case studies illustrating the success of tailored retirement planning.

Davis’s commitment to education and empowerment is evident through his work, as he has conducted numerous workshops and seminars aimed at helping individuals and families navigate the complexities of retirement planning.

“These aren’t just generic concerns; they’re real challenges that affect how retirees live and plan for their futures,” says Davis. “We wrote this book to provide clarity, confidence, and actionable strategies that address these issues head-on.”

For more information and resources for retirement, visit HarrisAndDavis.com or call 402.397.5440.

About Akil Davis

Akil B. Davis, ChFC®, CEPA® is a recognized Financial Educator, Author, Speaker, and Retirement Planner. As a Chartered Financial Consultant® and Certified Exit Planner Advisor, Davis created The Life Abundant Wealth Process to provide a much needed comprehensive and personalized approach to retirement planning that addresses retirees most pressing concerns and aspirations.

The Life Abundant Wealth Process is about more than just managing money-it’s about empowering retirees to live the life they’ve dreamed of and saved for. As a Partner of Harris and Davis Financial Advisors, Akil and his team help business owners, professionals, and independent women live a life of abundance.

Contact:

Akil Davis
Harris and Davis
Phone: (402) 397-5440
Email: akil.davis@harrisanddavis.com
Website: harrisanddavis.com

Securities offered through Cetera Wealth Services, LLC, member FINRA/SIPC. Advisory Services offered through Cetera Investment Advisers LLC, a registered investment adviser. Cetera is under separate ownership from any other named entity.

9900 Nicholas Street, Suite 360, Omaha, NE 68114

SOURCE: Harris and Davis Financial Advisors

View the original press release on ACCESS Newswire