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The latest announcement is out from CERo Therapeutics Holdings ( (CERO) ).
On May 7, 2025, CERo Therapeutics Holdings, Inc. received a notification from The Nasdaq Stock Market stating that the company had regained compliance with the Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders’ equity. This compliance was achieved following a private placement of Series D Preferred Stock, a partial drawdown from the company’s Equity Line of Credit, and a public offering in February 2025. CEO Chris Ehrlich expressed that this milestone allows the company to focus on advancing its lead program, CER-1236, and achieving its goal of becoming a successful clinical-stage biotechnology company.
More about CERo Therapeutics Holdings
CERo Therapeutics Holdings, Inc. is an innovative immunotherapy company focused on developing next-generation engineered T cell therapeutics for cancer treatment. The company aims to integrate innate and adaptive immunity characteristics into a single therapeutic construct, utilizing a novel cellular immunotherapy platform called Chimeric Engulfment Receptor T cells (CER-T). This approach is designed to target both hematological malignancies and solid tumors, with clinical trials for its lead product candidate, CER-1236, anticipated in 2025.
Average Trading Volume: 1,789,811
Technical Sentiment Signal: Sell
Current Market Cap: $4.09M
See more insights into CERO stock on TipRanks’ Stock Analysis page.