other
confidence high
sentiment neutral
materiality 0.50
CERO Therapeutics issues 16.4M shares and warrants upon warrant exercise for $500K
CERO THERAPEUTICS HOLDINGS, INC.
- Holder exercised 625 Preferred Warrants at $800/sh, paying $500K (20% OID on $625K stated value).
- Series A Preferred shares converted into 16,385,275 common shares of CERO.
- Company issued new warrants to purchase 16,385,275 common shares at $0.0582/sh (Jan 3 closing price).
- Proceeds included in previously reported cash balance as of Jan 7, 2025; exemption under Section 4(a)(2).