Company: CERO
Filing Date: 2025-07-21
Form Type: S-1
Source: 0001213900-25-066152
Chunk: 259

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-07-21
Form: S-1
Chunk 259
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 after the offering assumes the sale of all shares       
 being offered pursuant to this prospectus. In accordance with Rule 13d-3(d) under the Exchange Act, we have excluded from the number of         
 shares beneficially owned prior to the offering all of the shares that Selling Securityholder may be required to purchase under the respective  
 Purchase Agreements, because the issuance of such shares is solely at our discretion and is subject to conditions contained in the Purchase     
 Agreements, the satisfaction of which are entirely outside of Selling Securityholder’s control, including the registration statement            
 that includes this prospectus becoming and remaining effective. Furthermore, the Fixed Purchases, VWAP Purchases, or Additional VWAP Purchases, 
 as applicable, of Common Stock are subject to certain agreed upon maximum amount limitations set forth in the Purchase Agreements.              |

| (2) | This table assumes the conversion of the Series A Preferred Stock at an effective conversion price, giving effect to applicable multipliers and adjustments, of $39.20 per share, the Series C Preferred Stock at an effective conversion price, giving effect to applicable multipliers and adjustments, of $39.20 per share, and the Series D Preferred Stock, at an effective conversion price, giving effect to applicable multipliers and adjustments, of $15.60 per share. Because the conversion price of the Preferred Shares may be adjusted, the number of shares that will actually be issued may be more or less than the number of shares being offered by this prospectus. |

| (3) | Applicable percentage ownership is based on 1,194,802 shares of our Common Stock outstanding as of June 30, 2025. |

| (4) | The business address of Keystone is 139 Fulton Street, Suite 412, New York, NY 10038. Keystone’s principal business is that of a        
 private investor. Ranz Group, LLC, a Delaware limited liability company, is the managing member of Keystone and the beneficial owner of 
 97% of the membership interests in Keystone. Fredric G. Zaino is the managing member of Ranz Group, LLC and has sole voting control and 
 investment discretion over securities beneficially owned directly by Keystone and indirectly by Ranz Group, LLC. We have been advised   
 that none of Mr. Zaino, Ranz Group, LLC or Keystone is a member of the Financial Industry Regulatory Authority (“FINRA”) or             
 an independent broker-dealer, or an affiliate or associated person of a FINRA member or independent