Company Description
CERo Therapeutics Holdings, Inc. (traded under the symbol CEROW on certain markets) is a Delaware corporation classified under the biological products sector. According to its SEC filings, the company is an emerging growth company and a smaller reporting company under U.S. federal securities laws. CERo Therapeutics Holdings, Inc. is headquartered in South San Francisco, California.
The company’s public disclosures describe a business focused on the research and development of drug candidates. In its definitive proxy statement, CERo refers to its "business strategy, drug candidates, planned preclinical studies and clinical trials, results of preclinical studies, clinical trials, research and development (R&D) costs, regulatory approvals" and related activities. The same filing discusses the development of CER-1236 and other potential product candidates, indicating that CERo is engaged in biopharmaceutical R&D work that involves preclinical and clinical studies, regulatory interactions, and potential future commercialization if products are approved.
In an 8-K dated January 7, 2026, the company reported issuing a press release titled "CERo Therapeutics Provides Clinical Update on Phase 1 Trial of CER-1236 in AML (CertainT-1) Highlighting Key Safety Data and Platelet Transfusion-Free Interval Observed in a Patient with Myelodysplastic Syndrome/AML." This disclosure shows that CERo is conducting a Phase 1 clinical trial of CER-1236 in acute myeloid leukemia (AML) and related conditions and is communicating early safety and clinical observations through formal channels.
CERo’s filings also describe its capital markets and financing structure. In its S-1 registration statement filed in December 2025, the company explains that its common stock is traded on the OTCQB under the symbol "CERO" and that it has entered into a series of common stock purchase agreements with an institutional investor, Keystone Capital Partners, LLC. These agreements, referred to collectively as the Keystone Purchase Agreements, are described as an equity line of financing under which CERo may elect to issue and sell shares of common stock to Keystone, subject to conditions and limitations. The S-1 details that this arrangement is intended as an equity financing mechanism and that Keystone acts as a selling securityholder for registered resale of shares.
In an 8-K dated November 26, 2025 (filed December 2, 2025), CERo reports entering into a further common stock purchase agreement with an institutional investor, described as a continuation of its equity line program. The filing outlines mechanisms such as Fixed Purchases, VWAP Purchases, and Additional VWAP Purchases, each subject to specified pricing thresholds and maximum amounts. The company also notes a related registration rights agreement, under which it agreed to provide customary registration rights for shares issued under the program.
CERo’s governance and capital structure are also discussed in its definitive proxy statement for a 2025 Special Meeting of Stockholders. The proxy describes proposals including:
- A reverse stock split of the company’s common stock at a ratio within a specified range, to be determined by the board of directors.
- Approval of the issuance of shares of common stock in accordance with Nasdaq Listing Rule 5635 upon conversion of Series E convertible preferred stock issued in a private placement.
- An amendment to the company’s 2024 Equity Incentive Plan to increase the number of shares of common stock available for issuance and for incentive stock options.
- A proposal to adjourn the special meeting if additional time is needed to solicit votes.
The proxy statement further notes that CERo’s common stock and public warrants were delisted from the Nasdaq Stock Market and that the company discusses the impact of this delisting among its forward-looking statements. The S-1 confirms that the common stock is traded on the OTCQB market. Across its filings, CERo emphasizes that it is an emerging growth company and smaller reporting company, which affects its public reporting requirements and the level of disclosure it must provide.
Overall, based on available regulatory filings, CERo Therapeutics Holdings, Inc. can be described as a South San Francisco–based emerging growth biopharmaceutical company focused on the development of drug candidates such as CER-1236, with active clinical trial activity and a financing strategy that includes equity line arrangements and equity incentive plans, and whose common stock trades on the OTCQB market.
Stock Performance
CERo Therapeutics (CEROW) stock last traded at $0.0045. Over the past 12 months, the stock has lost 69.0%.
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SEC Filings
CERo Therapeutics has filed 5 recent SEC filings, including 3 Form 8-K, 1 Form 4, 1 Form SCHEDULE 13G. The most recent filing was submitted on March 12, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all CEROW SEC filings →
Financial Highlights
operating income reached -$15.3M, and net income was -$7.7M. Diluted earnings per share stood at $-18.15. With a current ratio of 0.50, short-term liquidity bears monitoring.
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Short Interest History
Short interest in CERo Therapeutics (CEROW) currently stands at 9.4 thousand shares, representing 10.2% of the float. Over the past 12 months, short interest has decreased by 46.3%. This moderate level of short interest indicates notable bearish positioning.
Days to Cover History
Days to cover for CERo Therapeutics (CEROW) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.4 days.
CEROW Company Profile & Sector Positioning
CERo Therapeutics (CEROW) operates in the Biological Products, (no Disgnostic Substances) sector and is listed on the OTC Link.