---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-076867"
form_type: "8-K/A"
ticker: "PFSA"
cik: "0001859807"
company_name: "Profusa, Inc."
filed_at: "2025-08-15T23:59:59+00:00"
generated_at: "2026-05-17T12:31:26.980298+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Profusa posts H1 net loss $5.1M; cash at $44K; going concern doubt persists

## Summary
- Net loss $2.3M for Q2 2025, $5.1M for H1 2025; no revenue; R&D $0.8M, G&A $1.6M.
- Working capital deficit $63.2M; cash $44K; management expresses substantial doubt about going concern.
- Post-merger cash inflows include $1.3M from trust and $9M net PIPE note, offset by $3.4M payables.
- Sponsor and stockholder shares locked up 6 months, subject to early release if stock >= $5 for 20/30 days.

## SEC filing metadata
- accession: 0001213900-25-076867
- form_type: 8-K/A
- ticker: PFSA
- cik: 0001859807
- company_name: Profusa, Inc.
- filed_at: 2025-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859807/000121390025076867/0001213900-25-076867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859807/000121390025076867/ea0252918-8ka1_profusa.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-076867
- JSON: https://secwatch.observer/filing/0001213900-25-076867.json
- Plain text: https://secwatch.observer/filing/0001213900-25-076867.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.