Company: CERO
Filing Date: 2025-02-07
Form Type: 424B3
Source: 0001213900-25-011071
Chunk: 338

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-02-07
Form: 424B3
Chunk 338
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 Preferred Stock are summarized
below.

Each share of Series C Preferred Stock has a
stated value of $1,000 per share and, when issued, the Series C Preferred Stock was fully paid and non-assessable. The Series C Preferred
Stock, ranks senior to all other Company capital stock unless required holder votes are obtained to create a class of stock senior to
Series C Preferred Stock.

Ranking:The Series C Preferred Stock
are senior in rank with respect to the preferences as to dividends, distributions and payments upon the liquidation, dissolution and
winding up of the Company to the Series A Convertible Preferred Stock, the Series B Convertible Preferred Stock, and Common Stock. The
Company shall not, without the consent of the Required Holders, authorize or issue any shares of senior rank with respect to the preferences
as to dividends, distributions and payments upon the liquidation, dissolution and winding up of the Company, shares of pari passu rank
with respect to the preferences as to dividends, distributions and payments upon the liquidation, dissolution and winding up of the Company,
or shares of junior ranking stock that have a maturity or redemption date prior to the first anniversary of the Series C Preferred Stock
issuance date.

Dividend and Participation Rights: The holders
of Series C Preferred Stock will be entitled to dividends, on an as-if converted basis, equal to and in the same form as dividends actually
paid on shares of Common Stock, when and if actually paid. Series C Preferred Stockholders will be entitled to participate pro rata in
any purchase rights extended to holders of Common Stock on an as-converted basis.

Conversion: Each holder of Series C Preferred
Stock may convert at any time, all, or any part, of the outstanding Series A Preferred Stock into shares of the Common Stock at the initial
“Conversion Price” of $22.40, which is subject to customary adjustments for stock splits.

Alternate Conversion: Following the occurrence
and during the continuance of a Trigger Event (as defined below), each holder may alternatively elect to convert the Series C Preferred
Stock at the “Alternate Conversion Price” equal to the lesser of the then current Conversion Price and the greater of $1.96
(the “Conversion Price Floor”) or 80% of the trailing 5-day daily volume weighted average price of a share of Common Stock.
Trigger events include customary terms related to exchange listing, registration rights, failure to deliver shares on conversion or exercise
of derivative instruments, or insolvency. Notwithstanding