4//SEC Filing
PHOENIX BIOTECH SPONSOR, LLC 4
Accession 0001213900-24-015028
CIK 0001870404other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 7:38 PM ET
Size
16.4 KB
Accession
0001213900-24-015028
Insider Transaction Report
Form 4
PHOENIX BIOTECH SPONSOR, LLC
10% Owner
Transactions
- Other
Series A Convertible Preferred Stock
2024-02-14$1000.00/sh−1,555$1,555,000→ 0 totalExercise: $10.00→ Common Stock (155,500 underlying) - Other
Common Stock
2024-02-14−4,171,246→ 1,000,000 total - Exercise/Conversion
Convertible Promissory Note
2024-02-14−0→ 0 totalExercise: $10.00→ Common Stock - Other
Common Stock
2024-02-14−1,125,000→ 4,171,246 total - Exercise/Conversion
Series A Convertible Preferred Stock
2024-02-14$1000.00/sh+1,555$1,555,000→ 1,555 totalExercise: $10.00→ Common Stock (155,500 underlying) - Other
Warrants
2024-02-14−349,998→ 0 totalExercise: $11.50From: 2024-03-15Exp: 2029-02-14→ Common Stock (349,998 underlying)
Footnotes (4)
- [F1]Represents shares of Common Stock, Series A Preferred Stock or warrants, as applicable, distributed-in-kind by the reporting person to its members, pro rata and without consideration.
- [F2]Upon closing of the Issuer's initial business combination, the aggregate principal amount of the Convertible Promissory Note converted into shares of Series A Convertible Preferred Stock (the "Series A Preferred Stock") at a conversion price equal to $10.00.
- [F3]Each share of Series A Preferred Stock has a stated value of $1,000 and, at the option of the holder, is convertible into a number of shares of Common Stock determined by dividing (x) the value of the shares of Series A Preferred Stock, plus any additional amounts thereon as of such date of determination, by (y) the conversion price, which is currently $10.00, subject to adjustments. The Series A Preferred Stock has no expiration date.
- [F4]Represents shares of Common Stock forfeited to the Issuer for no consideration in connection with the Issuer's initial business combination.
Documents
Issuer
CERO THERAPEUTICS HOLDINGS, INC.
CIK 0001870404
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001870407
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 7:38 PM ET
- Size
- 16.4 KB