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flag CERo Therapeutics lost its Nasdaq listing due to insufficient equity, triggering a suspension on Oct. 31, 2025.

flag CERo Therapeutics received a Nasdaq decision denying its request to maintain listing due to failing to meet the $2.5 million stockholders’ equity requirement, with the ruling retroactive to April 22, 2025. flag The company had previously believed it regained compliance after a financing round and asset sales, but a discounted sale of marketable securities in August reduced equity below the threshold. flag The Nasdaq Hearings Panel did not consider CERo’s plan to restore compliance, which includes securing $2.25 million from preferred stock sales and seeking $4.75 million more. flag The company plans to appeal the decision, explore OTC Markets trading, and continue clinical development of its CER-1236 therapy for acute myeloid leukemia, where early results showed rapid T cell expansion and no toxicity. flag Trading will be suspended on October 31, 2025.

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