secwatch.observer — SEC 8-K summary
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Issuer:     Profusa, Inc. (PFSA)
CIK:        0001859807
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001213900-25-067855
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Profusa secures up to $100M equity line from Ascent Partners; proceeds to buy Bitcoin
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- Securities Purchase Agreement with Ascent Partners Fund LLC for up to $100M in common stock purchases.
- Share price set at 97% of lowest VWAP during 10-day valuation period; floor price is 20% of July 25 closing.
- Proceeds must be used to purchase Bitcoin, except if cash balance falls below $5M; prohibited for exec comp or dividends.
- Ascent receives warrant to buy 900k shares at $0.01; reduced to 450k if no purchases within 100 days.
- Officers and directors executed lock-up agreements; registration rights filed within 10 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859807/000121390025067855/0001213900-25-067855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859807/000121390025067855/ea0250380-8k_profusa.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-067855

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