Company: CERO
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044335
Chunk: 54

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 54
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 $150,000 
  
    Atwood-Edminster Trust dtd 4-2-2000 (2) 
     1,002  
    $1,002,000 
  
    Chris Ehrlich(3) 
     275  
    $275,000 

28

On February 5, 2025, the
Company announced the pricing of a reasonable best efforts public offering (the “Offering”), with participation from a member
of the Company’s board of directors and a single institutional investor, for the purchase and sale of (i) 300,00 shares of common
stock, (ii) 2,251,020 February 2025 Pre-funded Warrants; and (iii) common warrants to purchase up to 2,551,020 shares of common stock
(the “February 2025 Common Warrants”), at a combined public offering price of $1.96 per share and Warrant (See Note 8).

The following table summarizes
the pre-funded warrants and February 2025 Common Warrants sold to our related party:

    Purchasers 
    Pre-Funded Warrants Purchased  
    Total Purchase Price  
    February 2025 Common Warrants Issued 
  
    Atwood-Edminster Trust dtd 4-2-2000 and GVN, LLC (2) 
     510,200  
    $999,992  
     510,200 

  (1) Daniel Corey served as the Chief Technology Officer and a member of the board of directors of the Company from February 2024 to September 2024, and previously served as Chief Executive Officer, Chief Scientific Officer, and a member of the board of directors of Legacy CERo until the closing of the Business Combination in February 2024. 

(2)Brian
G. Atwood served as Chairman and Chief Executive Officer of the Company from February 2024 to September 2024, and previously served as
Chairman of PBAX until the closing of the Business Combination in February 2024. Mr. Atwood is currently a member of the board of directors
of the Company and serves as a trustee of Atwood-Edminster Trust dtd 4-2-2000. GVN, LLC, is a limited liability company of which the
sole member is the Atwood-Edminster Trust dtd 4-2-2000, and of which Brian G. Atwood and Lyn