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Profusa Amends Equity Deal and Convertible Note Terms

Story Highlights
  • Profusa temporarily lowered the equity financing floor price to $0.111 per share for up to 13.65 million shares before a planned reverse split.
  • The company also amended its convertible note with Ascent, removing amortization payments and setting equity line prepayments at 33.3% of net proceeds.
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Profusa Amends Equity Deal and Convertible Note Terms

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The latest announcement is out from Profusa ( (PFSA) ).

On December 22, 2025, Profusa, Inc. amended its existing $100 million equity purchase arrangement with Ascent Partners Fund LLC by temporarily lowering the floor price at which it may sell up to 13,650,000 shares of common stock to $0.111 per share, below the usual $0.14 floor, for a limited period running until just before a planned reverse stock split expected to be presented to shareholders in January 2026; after this cap is reached or the period ends, the floor price reverts to $0.14, potentially giving Profusa additional flexibility to access capital at lower share prices during the modification period. On the same date, the company also executed a second amendment to its Senior Secured Convertible Promissory Note with Ascent, eliminating amortization provisions and related payments that had been intended but inadvertently omitted from a prior amendment and resetting the mandatory prepayment requirement on any future equity line of credit to 33.3% of net proceeds, changes that streamline the note’s repayment structure and further integrate it with Profusa’s equity financing strategy.

More about Profusa

Profusa, Inc. is a publicly traded company that raises capital through equity financing arrangements and senior secured convertible promissory notes, including facilities that allow it to issue and sell common stock over time to institutional investors such as Ascent Partners Fund LLC for up to $100 million, subject to pricing floors and other conditions.

Average Trading Volume: 9,445,748

Technical Sentiment Signal: Sell

Current Market Cap: $7.72M

For an in-depth examination of PFSA stock, go to TipRanks’ Overview page.

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