SRX Global to acquire CERo Therapeutics unit from CERo Therapeutics Holdings

PUBT · 2d ago
SRX Global to acquire CERo Therapeutics unit from CERo Therapeutics Holdings
  • SRX Global entered a deal to buy all shares of CERo Therapeutics, a wholly owned operating unit of CERo Therapeutics Holdings.
  • Consideration includes $1 million in SRX common stock, priced off the lower of prior close or 20-day VWAP.
  • SRX will cancel a Consolidated Senior Secured Promissory Note up to $11,666,108.77; outstanding principal was $8,249,643.77.
  • Assumed liabilities are about $1.56 million, with SRX providing indemnities tied to those assumed obligations.
  • A 30-day go-shop allows Holdings to seek alternatives; a superior bid must close by March 15, 2027.


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