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Profusa amends financing deal, resets debt conversion price at $1.07 per share

PUBT·08/21/2026 20:07:16
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Profusa amends financing deal, resets debt conversion price at $1.07 per share
  • Profusa amended its securities purchase agreement with Ascent Partners Fund on Aug. 12, 2026, adding a new note form.
  • Warrant exercise price reset to USD 1.07 per share; subject to further adjustment under the warrant terms.
  • Additional closing issued a Senior Secured Convertible Promissory Note with USD 714,286 principal for USD 650,000 proceeds.
  • Note carries 7% interest, matures Aug. 12, 2027; interest may be paid in stock if equity payment conditions are met.
  • Holder conversion option set at USD 1.07 per share; floor price set at USD 1.07 with periodic adjustment mechanics.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Profusa Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-092597), on August 21, 2026, and is solely responsible for the information contained therein.