Company: CERO
Filing Date: 2025-02-07
Form Type: 424B3
Source: 0001213900-25-011071
Chunk: 378

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-02-07
Form: 424B3
Chunk 378
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 at fair value. Conditionally redeemable Class A common
stock (including Class A common stock that features redemption rights that are within the control of the holder or subject
to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity.
At all other times, Class A common stock is classified as stockholders’ equity. The Company’s Class A common stock
features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain
future events. Accordingly, at December 31, 2023 and 2022, 764,957 and 1,288,298 shares of Class A common stock subject to possible
redemption are presented as temporary equity, outside of the stockholders’ deficit section of the Company’s balance sheets.

The Company recognizes changes in redemption value
immediately as they occur and adjusts the carrying value of redeemable Class A common stock to equal the redemption value at the
end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock are affected by charges against
additional paid in capital and accumulated deficit.

At December 31, 2023 and 2022, the Class A
common stock subject to possible redemption reflected in the balance sheets is reconciled in the following table:

| Class A common stock subject to possible redemption, December 31,      
 2021                                                                   |     | $ |  178,500,000 |   |
| Plus: Accretion of carrying value to redemption value                  |     |   |    2,662,553 |   |
| Less: redemption of shares                                             |     |   | (167,693,708 | ) |
| Class A common stock subject to possible redemption, December 31, 2022 |     | $ |   13,468,845 |   |
| Less: Redemption                                                       |     |   |   (5,638,880 | ) |
| Plus: Accretion of carrying value to redemption value                  |     |   |      606,346 |   |
| Class A common stock subject to possible redemption, December          
 31, 2023                                                               |     | $ |    8,436,311 |   |

Net Loss per Common Stock

The Company has two classes of shares, which are
referred to as Class A common stock and Class B common stock (the “Class B common stock” or the “Founder
Shares”). Earnings and losses are shared