Profusa, Inc. Form 8-K Filing

2025-12-23SEC Filing 8-K (0001213900-25-124826)

Profusa, Inc. has filed a Form 8-K detailing amendments to its Securities Purchase Agreement and Senior Secured Convertible Promissory Note with Ascent Partners Fund LLC. Amendment No. 1 to the Securities Purchase Agreement, dated December 22, 2025, modifies the definition of "Floor Price." During a specified "Modification Period" preceding a potential reverse stock split in January 2026, the Floor Price is set at or above $0.111 per share for up to 13,650,000 shares, with a cap of $0.14 per share. After this period or once the cap is reached, the Floor Price reverts to $0.14 per share, calculated based on a previous closing price. Amendment No. 2 to the Senior Secured Convertible Promissory Note, also dated December 22, 2025, eliminates amortization provisions and related payments, a change that was intended to be included in a prior amendment. It also revises the Mandatory Prepayment Amount for Subsequent Offerings that are Equity Lines of Credit to 33.3% of the net proceeds.

Ticker mentioned:PFSA