other_material
confidence high
sentiment neutral
materiality 0.65
CERo Therapeutics enters new common stock purchase agreement for up to $17.5M with Keystone Capital
CERO THERAPEUTICS HOLDINGS, INC.
- New Purchase Agreement allows CERo to issue and sell up to $17,490,897 of common stock to Keystone Capital, minus any additional proceeds from prior November deal after June 30, 2025.
- Fixed purchases per notice capped at lower of 10,000 shares or $100,000; VWAP purchases aggregate limit of $10M.
- Beneficial ownership limitation of 4.99% per purchase.
- Registration Rights Agreement filed concurrently for shares issued.
- Replaces prior equity lines from Feb '24 and Nov '24 which had raised ~$7.5M combined.
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