Profusa, Inc. Form 8-K Filing

On September 16, 2026, Profusa, Inc. entered into an additional closing under its Securities Purchase Agreement with Ascent Partners Fund LLC. As part of this closing, the Company issued a Senior Secured Convertible Promissory Note to Ascent Partners Fund LLC for an aggregate principal amount of $384,615.38, with a purchase price of $350,000.00. The note bears interest at 7% per annum and matures on September 16, 2027, or the Option Closing Date. It is convertible into shares of common stock at $4.28 per share, subject to certain conditions and limitations, including a beneficial ownership cap of 4.99% (potentially increasing to 9.99%). Monthly amortization payments are due starting January 1, 2027, which can be made in shares. The note is secured by substantially all of the Company's assets. The filing also details events of default, which can lead to an increased interest rate of 18% and immediate acceleration of the debt.