regulatory
confidence high
sentiment negative
materiality 0.75
CERo Therapeutics receives Nasdaq bid price deficiency notice; effects 1-for-20 reverse split
CERO THERAPEUTICS HOLDINGS, INC.
- Received Nasdaq notice on June 11, 2025: bid price below $1.00 for 30 consecutive business days (Apr 25–Jun 9).
- Not eligible for standard compliance period due to prior reverse stock splits; plans to request a hearing.
- Effected 1-for-20 reverse stock split on June 13, 2025; closing bid price was $7.31.
- No assurance that bid price will remain above $1.00 or that hearing will grant continued listing.
- Common stock (CERO) and warrants (CEROW) continue trading on Nasdaq pending hearing outcome.
item 3.01