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Profusa, Inc.Bullish
Profusa has issued a senior secured convertible promissory note in the principal amount of $769,230.77 to Ascent Partners Fund LLC, raising $700,000 in gross proceeds. The note carries a 7% annual interest rate, a conversion price of $4.28 per share, and a floor price of $1.07. The company is required to begin monthly principal amortization payments starting January 1, 2027, which may be settled in common stock subject to certain equity payment conditions.…more
Profusa, Inc.
Profusa dismissed its independent registered public accounting firm, CBIZ CPAs P.C., on October 5, 2026, and engaged WithumSmith+Brown, PC as its new auditor on October 6, 2026. The company previously disclosed material weaknesses in internal control over financial reporting and substantial doubt regarding its ability to continue as a going concern, though no disagreements on accounting principles or auditing procedures were reported.…more
Profusa, Inc.
Profusa entered into an amendment agreement with Ascent Partners Fund on October 4, 2026, regarding its existing convertible notes. The amendment modifies the conversion price calculation and sets a fixed floor price of $0.338 per share. Additionally, certain anti-dilution provisions for notes issued in August and September 2026 have been waived.…more
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Profusa Receives ISO 13485:2016 Certification
Profusa has secured ISO 13485:2016 certification for its quality management system, a key requirement for medical device commercialization. This milestone supports the company's ongoing efforts to obtain CE marking for its Lumee Oxygen Platform in the European market.…more
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Profusa has amended its securities purchase agreement regarding a $555,556 senior secured convertible promissory note. The adjustment to the conversion price calculation introduces potential for future equity dilution.…more
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Profusa has received ISO 13485 certification from GMED, marking progress toward obtaining the CE mark for its Lumee Oxygen Platform. While the company is advancing its regulatory goals, it noted that the final timeline for CE marking remains uncertain.…more
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