CERo Therapeutics (Phoenix Biotech Acquisition) ^{Priced, Nasdaq: CERO}

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing on the healthcare or healthcare related industries in the United States and Europe. In particular, we intend to prioritize companies in the life sciences sector where our management team has extensive experience. Joining our company is a team of high-level senior life sciences executives. The team includes Brian Atwood, who will serve as our Chairman immediately upon the effective date of this prospectus, Chris Ehrlich, our Chief Executive Officer, Douglas Fisher, MD, our President, and Daniel Geffken, our Chief Financial Officer. Our Board of Directors is expected to provide valuable guidance, technical domain expertise, value-added input regarding senior team leadership capabilities of prospective business combination targets, and have access to differentiated ideas and opportunities through complementary networks. They also have specific special purpose acquisition company, or SPAC, experience and a proven track record of business combination success.