Cardio Diagnostics Holdings, Inc. 8-K Report: Key Financial Insights as of February 21, 2025

Here are the key insights extracted from the provided section of the financial report for Cardio Diagnostics Holdings, Inc. as of February 21, 2025:
- Company Information:
- Name: Cardio Diagnostics Holdings, Inc.
- CIK Number: 0001870144
- Address: 311 W. Superior Street, Suite 444, Chicago, IL 60654
- Phone Number: (855) 226-9991
- Financial Instruments:
- Common Stock:
- Par Value: $0.00001
- Ticker Symbol: CDIO (listed on NASDAQ)
- Redeemable Warrants:
- Each warrant is exercisable for one share of Common Stock.
- Ticker Symbol: CDIOW (listed on NASDAQ)
- Reporting Period:
- Date of Filing: February 21, 2025
- The report pertains to the financial condition as of the same date, indicating a snapshot rather than a period over time.
- Key Units of Measurement:
- The financial data is measured in U.S. Dollars (USD) and Shares, indicating the valuation of common stock and the number of shares outstanding or involved in the warrants.
- Filing Type:
- This document is an 8-K filing, which is typically used to report major events that shareholders should know about, ensuring transparency.
Summary:
The report provides crucial details about Cardio Diagnostics Holdings, Inc., including its stock structure and warrants, reflecting a snapshot of its corporate structure on February 21, 2025. The par value of its common stock is notably low, suggesting a startup or growth stage company, while the presence of redeemable warrants indicates potential future financing or capital raising strategies.