Company: CERO
Filing Date: 2025-11-20
Form Type: 424B3
Source: 0001213900-25-113118
Chunk: 99

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-11-20
Form: 424B3
Chunk 99
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and consulting fees of $415,000, offset by an increase in accounting fees of $399,000, and an increase in director fees of $50,000. Additionally,
during the nine months ended September 30, 2025 as compared to the nine months ended September 30, 2024, we had a decrease in outside
services of $299,000 primarily due to a decrease in recruitment fees, an increase in other general and administrative expenses of $332,000
primarily attributable to transfer agent and proxy fees, and an increase in public communications of $103,000.

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Other Income (Expense), Net

Other expenses, net was $(1,343,000)
for the nine months ended September 30, 2025 as compared to other income of $5,126,000 for the nine months ended September 30, 2024, reflecting
a negative change in other income, net of $6,469,000. The negative change was primarily due to (1) the recording of a $4,870,000 gain
from change in value of the Company’s earnout liability and a $320,000 gain recorded for the change in value of the Predecessor’s
preferred stock warrant liability during the nine months ended September 30, 2024 as compared to $0 during the nine months ended September
30, 2025, (2) the recording of a gain on settlement of vendor liabilities of $589,000 during the nine months ended September 30, 2024
compared to $0 during the nine months ended September 30, 2025, (3) the recording of stock-based inducement expense of $864,000 during
the nine months ended September 30, 2025 as compared to $0 during the nine months ended September 30, 2024, and (4) the recording of a
$500,000 write off of deferred offering costs during the nine months ended September 30, 2025 as compared to $0 during the nine months
ended September 30, 2024. These decreases in other income and increases in other expenses, net were offset by the recording of other expense
of $631,000 during the nine months ended September 30, 2024 related to registration rights penalties recorded compared to $0 during the
nine months ended September 30, 2025, and an increase in interest income, net of $43,