| Schedule of Related Party Transaction |
The following table summarizes
the shares of our Series A Preferred Stock issued to our related parties:
| Purchasers | |
Shares of
Series A Preferred
Stock | | |
Total
Purchase
Price | |
| Daniel Corey(1) | |
| 150 | | |
$ | 150,000 | |
| Atwood-Edminster Trust dtd 4-2-2000 (2) | |
| 1,002 | | |
$ | 1,002,000 | |
| Chris Ehrlich(3) | |
| 275 | | |
$ | 275,000 | |
| (1) | Daniel Corey served as the Chief Technology Officer and a member of the board of directors of the Company from February 2024 to September 2024, and previously served as Chief Executive Officer, Chief Scientific Officer, and a member of the board of directors of Legacy CERo until the closing of the Business Combination in February 2024. |
| (2) | Brian
G. Atwood served as Chairman and Chief Executive Officer of the Company from February 2024 to September 2024, and previously served as
Chairman of PBAX until the closing of the Business Combination in February 2024. Mr. Atwood is currently a member of the board of directors
of the Company and serves as a trustee of Atwood-Edminster Trust dtd 4-2-2000. GVN, LLC, is a limited liability company of which the
sole member is the Atwood-Edminster Trust dtd 4-2-2000, and of which Brian G. Atwood and Lynne H. Edminster are the managers. |
| (3) | Chris Ehrlich has served as the Chairman and Chief Executive Officer of the Company since December 2024, and previously served as (i) interim Chairman and Chief Executive Officer of the Company from October 2024 to November 2024, (ii) Vice Chairman of the board of directors of the Company from February 2024 to September 2024, and (iii) the Chief Executive Officer of PBAX until the closing of the Business Combination in February 2024. |
|
The following table summarizes
the shares of our Series A Preferred Stock issued to our related parties:
| Purchasers | |
Shares
of
Series A Preferred
Stock | | |
Total
Purchase
Price | |
| Daniel Corey(1) | |
| 150 | | |
$ | 150,000 | |
| Atwood-Edminster Trust dtd 4-2-2000 (2) | |
| 1,002 | | |
$ | 1,002,000 | |
| Chris Ehrlich(3) | |
| 275 | | |
$ | 275,000 | |
| (1) | Daniel Corey served as the Chief Technology Officer and a member of the board of directors of the Company from February 2024 to September 2024, and previously served as Chief Executive Officer, Chief Scientific Officer, and a member of the board of directors of Legacy CERo until the closing of the Business Combination in February 2024. |
| (2) | Brian G. Atwood served as Chairman and Chief Executive Officer of the Company from February 2024 to September 2024, and previously served as Chairman of PBAX until the closing of the Business Combination in February 2024. Mr. Atwood is currently a member of the board of directors of the Company and serves as a trustee of Atwood-Edminster Trust dtd 4-2-2000. |
| (3) | Chris Ehrlich has served as the Chairman and Chief Executive Officer of the Company since December 2024, and previously served as (i) interim Chairman and Chief Executive Officer of the Company from October 2024 to November 2024, (ii) Vice Chairman of the board of directors of the Company from February 2024 to September 2024, and (iii) the Chief Executive Officer of PBAX until the closing of the Business Combination in February 2024. |
|
| Schedule of Pre-Funded Warrants |
The following table summarizes
the pre-funded warrants and February 2025 Common Warrants sold to our related party:
| Purchasers |
|
Pre-Funded Warrants Purchased |
|
|
Total
Purchase
Price |
|
|
February 2025 Common Warrants Issued |
|
| Atwood-Edminster Trust dtd 4-2-2000 and GVN, LLC (2) |
|
|
25,510 |
|
|
$ |
999,992 |
|
|
|
25,510 |
|
| (1) | Daniel Corey served as the Chief Technology Officer and a member of the board of directors of the Company from February 2024 to September 2024, and previously served as Chief Executive Officer, Chief Scientific Officer, and a member of the board of directors of Legacy CERo until the closing of the Business Combination in February 2024. |
| (2) | Brian
G. Atwood served as Chairman and Chief Executive Officer of the Company from February 2024 to September 2024, and previously served as
Chairman of PBAX until the closing of the Business Combination in February 2024. Mr. Atwood is currently a member of the board of directors
of the Company and serves as a trustee of Atwood-Edminster Trust dtd 4-2-2000. GVN, LLC, is a limited liability company of which the
sole member is the Atwood-Edminster Trust dtd 4-2-2000, and of which Brian G. Atwood and Lynne H. Edminster are the managers. |
| (3) | Chris Ehrlich has served as the Chairman and Chief Executive Officer of the Company since December 2024, and previously served as (i) interim Chairman and Chief Executive Officer of the Company from October 2024 to November 2024, (ii) Vice Chairman of the board of directors of the Company from February 2024 to September 2024, and (iii) the Chief Executive Officer of PBAX until the closing of the Business Combination in February 2024. |
|
|