Company: CERO
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047469
Chunk: 343

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-05-27
Form: POS AM
Chunk 343
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 |          - |   |     |       |          - |   |
| Balance at March 31, 2025                        |     | $       | - |     | $       | - |     | $       |     20,000 |   |     | $     |     20,000 |   |

NOTE 11 – STOCK-BASED COMPENSATION

On March 25, 2024, stockholders approved the 2024
Equity Incentive Plan (2024 Plan) and 2024 Employee Stock Purchase Plan (2024 ESPP), with initial reserves of and shares
of common stock, respectively. The 2024 Plan and 2024 ESPP became effective on February 14, 2024. No awards have been granted under the
2024 ESPP as of March 31, 2025.

Stockholders approved increases in shares available
under the 2024 Plan on April 30, 2024, and November 11, 2024. The 2024 Plan has an evergreen provision for annual increases. On January
1, 2025, the reserve increased by shares. As of March 31, 2025, option awards have been granted, leaving no shares reserved
for future issuance.

The 2024 ESPP also has an evergreen provision.
On January 1, 2025, the reserve increased by shares. No awards have been granted under the 2024 ESPP as of March 31, 2025.

Stock option activity under
the 2024 Plan for the three months ended March 31, 2025 was as follows:

|                                          |     | Outstanding 
 Shares      |         |     | Weighted  
 Average   
 Exercise  
 Price Per 
 Share     |       |     | Weighted    
 Average     
 Remaining   
 Contractual 
 Life        
 (in Years)  |      |
|:-----------------------------------------|:----|:------------|--------:|:----|:----------|------:|:----|:------------|-----:|
| Balance, December 31, 2024 (Successor)   |     |             |  64,948 |     | $         | 10.00 |     |             | 9.64 |
| Options granted                          |     |             | 406,251 |     | $         |  1.43 |     |             |    - |
| Balance, March 31, 2025 (Success