Company: CERO
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047469
Chunk: 142

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-05-27
Form: POS AM
Chunk 142
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” and, together with a Fixed Purchase Date and a VWAP Purchase Date, the “Purchase Dates”), an additional number of shares of Common Stock in an amount equal to the lesser of (i) 300% of the number of shares of Common Stock directed by us to be purchased by Keystone for the applicable Fixed Purchase and (ii) 30% of the trading volume in our Common Stock on Nasdaq during the applicable Additional VWAP Purchase Period (as defined in the Keystone Purchase Agreements) on the applicable VWAP Purchase Date (an “Additional VWAP Purchase” and, together with a Fixed Purchase and a VWAP Purchase, the “Purchases”) at a purchase price equal to the lesser of 90% of (i) the closing sale price of the Common Stock on the applicable Additional VWAP Purchase Date and (ii) the VWAP during the Additional VWAP Purchase Period (as defined in the Keystone Purchase Agreements) (the “Additional VWAP Purchase Price” and, together with a Fixed Purchase Price and a VWAP Purchase Price, the “Purchase Prices”). 75 For purposes of the Keystone Purchase Agreements, “VWAP” is, for the Common Stock for a specified period, the dollar volume-weighted average price for the Common Stock on Nasdaq, for such period, as reported by Bloomberg through its “AQR” function. All such determinations shall be appropriately adjusted for any sales of shares of Common Stock through block transactions, any reorganization, non-cash dividend, stock split, reverse stock split, stock combination, recapitalization or other similar transaction during such period. Commitment Shares and Fees As consideration for its irrevocable commitment to purchase our Common Stock under the Keystone Purchase Agreements, we have issued to Keystone 19,833 shares of Common Stock as Keystone Commitment Shares in accordance with the Keystone Purchase Agreements. We previously registered the resale of 6,190 Keystone Commitment Shares on the Prior Registration Statement. The remaining 13,643 Keystone Commitment Shares were registered under the registration statement of which this prospectus forms a part. We have also paid to Keystone $50,000 in cash as reimbursement for the reasonable, out-of-pocket expenses incurred by Keystone, including the legal fees and disbursements of Keystone’s legal counsel, in connection with its due diligence investigation of our company and in connection with the preparation, negotiation and execution of the Keystone Purchase Agreements. Conditions Precedent to Commencement Our right to commence delivering Purchase Notices under the Keystone Purchase Agreements