Welcome to our dedicated page for CERo Therapeutics news (Ticker: CERO), a resource for investors and traders seeking the latest updates and insights on CERo Therapeutics stock.
CERo Therapeutics Holdings Inc. (CERO) is a clinical-stage biopharmaceutical company advancing novel engineered T-cell therapies that combine innate phagocytic mechanisms with adaptive immune precision. This dedicated news hub provides investors and industry stakeholders with comprehensive updates on the company's scientific progress and operational developments.
Our curated collection features official press releases, clinical trial milestones, and strategic partnership announcements. Users will find verified information spanning CERo's CER-T platform advancements, regulatory submissions, preclinical data disclosures, and manufacturing innovations - all essential for tracking this immunotherapy pioneer's trajectory.
The resource prioritizes timely updates on key focus areas including target validation studies, IND-enabling research, and technology licensing agreements. Each entry maintains technical accuracy while remaining accessible to both professional investors and those new to cellular immunotherapy concepts.
Bookmark this page for centralized access to CERo's evolving story in cancer treatment innovation. Check regularly for updates on therapeutic pipeline developments, peer-reviewed publication highlights, and critical business updates that shape the company's position in the competitive oncology landscape.
CERo Therapeutics (Nasdaq: CERO) has announced a $5 million public offering priced at-the-market. The offering includes 2,551,020 shares of common stock (or equivalents) and warrants to purchase an equal number of shares at a combined price of $1.96. The warrants will have the same exercise price, be exercisable upon stockholder approval, and expire after 5 years.
The offering, expected to close around February 7, 2025, includes participation from a board member and an institutional investor. A.G.P./Alliance Global Partners is acting as sole placement agent. The company plans to use the proceeds for advancing clinical programs and general corporate purposes.
CERo Therapeutics Holdings (Nasdaq: CERO), an immunotherapy company, announced a one-for-one hundred reverse stock split of its common stock. This split will be effective at 12:01 a.m. Eastern Time on January 8, 2025, and the company's stock will start trading on a split-adjusted basis on Nasdaq from the opening of trading on the same day. The CUSIP number 71902K303 will be assigned to the common stock post-split.
The reverse stock split will reduce the number of outstanding shares from approximately 260 million to 2.6 million. Proportional adjustments will be made to shares awarded under equity incentive plans and the exercise prices of stock options and other equity securities. Additionally, adjustments will be made to preferred stock and warrants.
No fractional shares will be issued; stockholders will receive an additional fraction to round up to the next whole share. Stockholders with shares in book-entry form or through brokers do not need to take any action as the split will be automatically reflected in their accounts.
The reverse stock split ratio is within the range authorized by stockholders at the Autumn 2024 Special Meeting on November 11, 2024. The split aims to increase the market price of CERo's common stock to meet Nasdaq's minimum bid price requirement of $1.00 per share, following a delisting notice due to the stock trading below $0.10 for ten consecutive days.
CERo Therapeutics (Nasdaq: CERO) has appointed Chris Ehrlich as permanent CEO, following his previous role as Interim CEO. The company, focused on engineered T cell therapeutics with phagocytic mechanisms, plans to advance its CER-1236 program with an anticipated IND filing for solid tumors, including ovarian and non-small cell lung cancers, in H1 2025.
Ehrlich brings extensive experience in biotechnology, business development, venture capital, and investment banking. He currently serves as CEO of Launch One Acquisition and has previously led successful mergers including Phoenix Biotech Acquisition with CERo, and Locust Walk Acquisition with eFFECTOR Therapeutics.
CERo Therapeutics (Nasdaq: CERO) has received FDA clearance for its Investigational New Drug Application to begin Phase 1 clinical trials of CER-1236 in acute myelogenous leukemia (AML). The company, focused on developing engineered T cell therapeutics with phagocytic mechanisms, plans to initiate its first-in-human trial in Q1 2025. The treatment represents a novel approach to treating AML, one of the deadliest forms of cancer.
CERo Therapeutics (Nasdaq: CERO) presented preclinical data showing its lead compound CER-1236 effectively kills ovarian cancer cells without toxicity in animal models. The data, presented at the SITC 2024 Conference, demonstrated that CER-1236 targets the immune receptor TIM-4-L in ovarian cancer cell lines. The study revealed that after introducing CER-1236, TIM-4-L expression increased, leading to cancer cell death while sparing healthy cells. The compound's specificity to TIM-L-4 and absence of clinical toxicity suggest potential applications in ovarian cancer treatment. The company plans to pursue Orphan designation during clinical development.
CERo Therapeutics Holdings, Inc. (Nasdaq: CERO) has provided a corporate update to stockholders. Key points include:
- Submission of a Complete Response Letter to the FDA addressing the clinical hold on CERO-1236
- Adjustment of potential clinical trial entry from 2024 to early 2025
- Appointment of Al Kucharchuk as new Chief Financial Officer
- Promotion of Kristen Pierce to Chief Development Officer
- Changes to the Board of Directors to enhance business plan execution
- Disclosure of a $3.2 million cash balance as of September 30, 2024
The company remains optimistic about its future and anticipates providing updates on the FDA's determination regarding the clinical hold in the coming weeks.
CERo Therapeutics has announced key appointments to its management team. Andrew Albert 'Al' Kucharchuk has been named Chief Financial Officer and Kristen Pierce, Ph.D., has been appointed Chief Development Officer. These appointments support interim CEO Chris Ehrlich in advancing CERo's mission to develop next-generation T cell therapeutics. Mr. Kucharchuk brings extensive experience from roles at Nukkelous, Chain Bridge I, Theralink, Adhera Therapeutics, and OncBioMune. Dr. Pierce has over 20 years of oncology experience, previously holding leadership roles at Pionyr Therapeutics and Pfizer Therapeutics. The team aims to drive CERo's lead compound, CER-1236, through ongoing in vitro studies towards a successful Type A meeting with the FDA.
CERo Therapeutics Holdings, Inc. (Nasdaq: CERO) has announced a $1.25 million financing from existing investors to address the clinical hold on CER-1236. The company has requested a Type A Meeting with the FDA to discuss its plans and data collected to date. CERo is implementing significant management changes, with Chris Ehrlich becoming Chairman and Interim CEO, while Brian Atwood steps down to a consulting role. The CFO and CTO have also stepped down.
The company is focusing on resolving the remaining IND issues for CER-1236, which relate to two pharmacology and toxicology questions. CERo has initiated pre-clinical in vitro studies and experiments, with interim data submitted in the Type A Meeting Request. The company is implementing cost reductions to minimize capital needs and is working on identifying replacements for key positions.
CERo Therapeutics (Nasdaq: CERO) presented data on their lead compound, CER-1236, at the Global Cell & Gene Therapy Summit 2024. The data reveals that TIM-4-L, a target for engineered T cell therapy, is prevalent in acute myeloid leukemia (AML) but absent in healthy tissue. CER-1236 demonstrated strong cytotoxicity against TP53 mutant AML in both in vitro and in vivo studies without causing adverse effects in healthy tissues, even at high doses. The company anticipates the start of initial human trials focused on AML pending IND clearance.
CERo Therapeutics has completed the necessary IND-enabling activities for its lead compound, CER-1236. The successful manufacturing runs meet the required safety and efficacy standards for drug administration in clinical trials. This accomplishment marks the final technical step needed before submitting the Investigational New Drug (IND) Application to the FDA. The company anticipates a near-term filing of the IND to enable the commencement of Phase 1 human trials. Chairman and CEO Brian G. Atwood emphasized this milestone as important for advancing CERo's therapeutic pipeline and acknowledged the team's efforts. Further updates on the IND filing are expected soon.
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