debt
confidence high
sentiment neutral
materiality 0.70
CERo Therapeutics secures up to $11.67M senior secured note with SRX Global
CERO THERAPEUTICS HOLDINGS, INC.
- Consolidates prior notes of $5,666,108.77 (SRX $2,794,000; Keystone $2,872,108.77) plus up to $6M additional advances.
- Initial advance of $775,665 on Aug 27, 2026; proceeds for trade payables and working capital.
- 10% annual interest (24.99% on default); matures Oct 15, 2026; secured by subsidiary stock and all assets.
- Subsidiary CERo Therapeutics, Inc. guarantees payment; collateral includes IP, patents, CER-1236 assets.