other_material
confidence high
sentiment neutral
materiality 0.55
CERO Therapeutics shareholders approve 1:20 reverse stock split, increase share reserve by 2M shares
CERO THERAPEUTICS HOLDINGS, INC.
- Reverse stock split ratio set at 1:20, effective 12:01 a.m. ET on June 10, 2025, subject to regulatory processes.
- Shareholders approved amendment to 2024 Equity Incentive Plan, increasing authorized shares by 2,000,000 shares.
- Election of Class I directors Michael Byrnes and Lindsey Rolfe, M.D. to serve until 2028 annual meeting.
- Ratification of Wolf & Company, P.C. as independent registered public accounting firm for fiscal year 2025.
- Also approved issuance of shares upon exercise of February 2025 warrants and conversion of Series D preferred below market price.
item 5.02item 5.07item 9.01