other_material
confidence high
sentiment neutral
materiality 0.55
Profusa shareholders approve doubling authorized shares to 600M and conversion issuance
Profusa, Inc.
- Authorized common shares increased from 300M to 600M via amendment filed with Delaware Secretary of State on Oct 20, 2025.
- Stockholders approved potential issuance of >19.99% of outstanding upon conversion of senior secured convertible notes under Nasdaq Rule 5635(d).
- Votes: conversion issuance – 18,296,205 for, 858,635 against, 4,573 abstain; share increase – 17,968,659 for, 1,140,322 against, 20,432 abstain.
- Special Meeting reconvened virtually on Oct 20, 2025; quorum of 19,159,413 shares out of 40,859,307 outstanding.