Company: CERO
Filing Date: 2025-05-07
Form Type: DEF 14A
Source: 0001213900-25-040263
Chunk: 120

Company: CERO THERAPEUTICS HOLDINGS, INC.
Filing Date: 2025-05-07
Form: DEF 14A
Chunk 120
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FundedWarrants are exercised in full. The Pre -FundedWarrants are exercisable in whole or in part by delivering to the Company a completed instruction form for exercise and complying with the requirements for exercise set forth in the Pre -FundedWarrant. Payment of the exercise price may be made in cash in which case the holder would receive upon such exercise the net number of shares of Common Stock determined according to the formula set forth in the Pre -FundedWarrant. Exercise Limitation:In general, a holder will not have the right to exercise any portion of a Pre -FundedWarrant if the holder (together with its Attribution Parties (as defined in the Pre -FundedWarrant)) would beneficially own in excess of 4.99% or 9.99%, at the election of the holder, of the number of shares of our Common Stock outstanding immediately after giving effect to the exercise, as such percentage ownership is determined in accordance with the terms of the Pre -FundedWarrant. However, any holder may increase or decrease such percentage to any other percentage not in excess of 9.99% upon notice to us, provided, that any increase in this limitation will not be effective until 61 days after such notice from the holder to us and such increase or decrease will apply only to the holder providing such notice. Transferability:Subject to applicable laws, a Pre -FundedWarrant may be transferred at the option of the holder upon surrender of the Pre -FundedWarrant to us together with the appropriate instruments of transfer. Fractional Shares:No fractional shares of Common Stock will be issued upon the exercise of the Pre -FundedWarrants. Rather, the number of shares of Common Stock to be issued will, at our election, either be rounded up to the nearest whole number or we will pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the exercise price. Trading Market:There is no trading market available for the Pre -FundedWarrants on any securities exchange or nationally recognized trading system. Fundamental Transactions:If a “Fundamental Transaction” occurs while the Pre -FundedWarrants are outstanding (which includes, but is not limited to, merger transactions or a sale of substantially all of the company’s assets), then if holders of the Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction (as defined in the Pre -FundedWarrant), then the holder will be