STOCK TITAN

Armistice Capital/Steven Boyd Disclose 63,308-Share Position in CERO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Cero Therapeutics Holdings received a Schedule 13G filing disclosing that Armistice Capital, LLC and Steven Boyd together beneficially own 63,308 shares of the company’s common stock, representing 4.99% of the class. Armistice Capital is the investment manager of a Master Fund that directly holds the shares and, under its Investment Management Agreement, Armistice exercises shared voting and dispositive power over those shares. Mr. Boyd, as managing member of Armistice, is reported to share those voting and disposition powers. The filing states the position is held in the ordinary course of business and not to influence control.

Positive

  • Transparent disclosure of beneficial ownership and voting/dispositive powers by Armistice Capital and Steven Boyd
  • Position is below 5%, indicating a passive stake that does not presumptively signal an intent to change control

Negative

  • None.

Insights

Minor passive stake disclosed; sub-5% position unlikely to change governance or valuation.

The filing reports a 4.99% beneficial ownership position aggregated between Armistice Capital and Steven Boyd, held through a Master Fund for which Armistice serves as investment manager. From a market-impact perspective, positions below the 5% threshold typically signal a passive investment intent and do not trigger mandatory activist or control presumptions. The disclosure clarifies voting and dispositive power is shared, which reflects manager authority rather than outright control. For investors, this is informational about shareholder composition but not a material governance shift.

Disclosure shows management of shares by an investment adviser; no indication of control or coordinated group action.

The statement attributes beneficial ownership to the adviser and its managing member while noting the Master Fund disclaims beneficial ownership due to the investment management agreement. This delineation is important for governance assessment because it indicates the adviser exercises voting and investment power on behalf of the fund rather than the fund independently asserting control. Because the position is under 5% and the filing asserts ordinary-course holding, there is no immediate implication of attempted board influence or control contest from these Reporting Persons.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Armistice Capital, LLC
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd - Managing Member
Date:08/14/2025
Steven Boyd
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd
Date:08/14/2025
Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2025 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd

FAQ

How many CERO shares do Armistice Capital and Steven Boyd report owning?

The Reporting Persons disclose beneficial ownership of 63,308 shares of CERO common stock.

What percentage of CERO does the reported stake represent?

The reported holdings represent 4.99% of the outstanding class of common stock.

Does the filing indicate Armistice Capital or Steven Boyd control CERO?

No. The filing states the position is held in the ordinary course of business and does not indicate an intent to change or influence control.

Through what vehicle are the shares held?

The shares are directly held by a Master Fund for which Armistice Capital serves as investment manager; Armistice exercises shared voting and dispositive power under an Investment Management Agreement.

What voting power is reported by the filing?

The Reporting Persons report 0 shares of sole voting power and 63,308 shares of shared voting power.