---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-088253"
form_type: "8-K"
ticker: "PFSA"
cik: "0001859807"
company_name: "Profusa, Inc."
filed_at: "2025-09-16T23:59:59+00:00"
generated_at: "2026-05-17T06:32:51.448974+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Profusa receives Nasdaq MVLS and bid price deficiency notices; 180-day cure period

## Summary
- Nasdaq notified Profusa on Sep 11, 2025, that MVLS was below $50M threshold from Jul 29 to Sep 10.
- Separate bid price notice for failing to maintain $1.00 minimum closing bid over same period.
- Company has until March 10, 2026 to regain compliance; stock continues trading under symbol PFSA.
- Compliance requires MVLS >= $50M and bid price >= $1.00 for at least 10 consecutive business days.
- If not cured, Profusa may face delisting or could apply to transfer to Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001213900-25-088253
- form_type: 8-K
- ticker: PFSA
- cik: 0001859807
- company_name: Profusa, Inc.
- filed_at: 2025-09-16T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859807/000121390025088253/0001213900-25-088253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859807/000121390025088253/ea0257626-8k_profusa.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-088253
- JSON: https://secwatch.observer/filing/0001213900-25-088253.json
- Plain text: https://secwatch.observer/filing/0001213900-25-088253.txt

## Key facts
- Listing & Compliance Notices
  Profusa, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5810(c)(3)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A), 5810(c)(3)(C)
  source text: September 11, 2025, Profusa, Inc. (the “ Company ”) received a notice (the “ MVLS Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, based upon its review of the market value of listed securities (“ MVLS ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), from July 29, 2025 to September 10, 2025, the Company no longer meets Nasdaq Listing Rule 5450(b)(2)(A), which requires companies listed on the Nasdaq Global Market to maintain a minimum MVLS of $50,000,000. Pursuant to Nasdaq Listing R
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859807/000121390025088253/0001213900-25-088253-index.htm

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