secwatch.observer — SEC 8-K summary
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Issuer:     Profusa, Inc. (PFSA)
CIK:        0001859807
Form:       8-K/A
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001213900-25-076867
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859807/000121390025076867/0001213900-25-076867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859807/000121390025076867/ea0252918-8ka1_profusa.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-076867

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer