debt
confidence high
sentiment neutral
materiality 0.60
CERo Therapeutics issues $500K convertible note to Keystone Capital at 10% interest
CERO THERAPEUTICS HOLDINGS, INC.
- Initial purchase price $400,000; principal face value $500,000; up to $1M aggregate available.
- Note matures April 27, 2027; bears 10% annual interest; convertible at lower of $0.05 or 80% of 5 lowest intraday prices in prior 20 days.
- Conversion subject to 4.99% beneficial ownership limitation; resale registration required on Form S-1 or S-3.
- Issuance exempt under Section 4(a)(2) and Rule 506(b); accredited investor only.
item 1.01item 2.03item 3.02item 9.01