secwatch.observer — SEC 8-K summary
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Issuer:     Profusa, Inc. (PFSA)
CIK:        0001859807
Form:       8-K
Filed at:   2025-12-30T23:59:59+00:00
Accession:  0001213900-25-126316
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Profusa enters Amendment No. 3 to SPA; third tranche up to $5.56M principal, floor price $0.35
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- Third tranche: up to $5,555,556 principal for $5M purchase price; requires zero balance on prior tranches, Nasdaq listing, and stockholder approval.
- Floor price raised to $0.35 per share (from $0.14) – conversion price cannot be less than $0.35.
- Mandatory prepayment for equity line of credit: 33.3% (existing S-1) or 50% (future S-1) of net proceeds.
- If Nasdaq deficiency notice exists, third tranche reduced to $3,333,333.60 principal for $3M purchase price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859807/000121390025126316/0001213900-25-126316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859807/000121390025126316/ea0271254-8k_profusa.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-126316

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