Profusa, Inc. (PFSA): Nasdaq/NYSE listing notice — Profusa receives Nasdaq delisting notice; terminates Bitcoin treasury strategy, liquidates holdings

Profusa, Inc.

Nasdaq Global Market delisting notice for failure to meet $50M MVLS and $1.00 bid price; deadline March 10, 2026 missed.
Company terminates Bitcoin treasury reserve strategy and will liquidate entire ~16.51 Bitcoin holdings (~$2M cost).
Account Control Agreement with BitGo terminated in connection with Bitcoin strategy exit; no early termination penalties.
Proceeds from Bitcoin sale to be used for general corporate purposes.
Company intends to appeal delisting determination; hearing request stays suspension pending Panel decision.

item 1.02 item 2.01 item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.97

Profusa, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: market value
Rules: 5450(b)(2)(A)

Exact text from the filing

March 11, 2026, the Company received a letter from the Listing Qualifications Department of Nasdaq notifying the Company that it has not regained compliance with the MVLS Rule and is now subject to delisting from the Nasdaq Global Market. In the same letter, Nasdaq also notified the Company that it has not regained compliance with the Minimum Bid Price Rule and is now subject to delisting from the Nasdaq Global Market on this additional basis. The Company may appeal Nasdaq’s determination to a Hearings Panel, pursuant to the procedures set forth in the Nasdaq Listing Rules 5800 Series. A heari

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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.97

Profusa, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

March 11, 2026, the Company received a letter from the Listing Qualifications Department of Nasdaq notifying the Company that it has not regained compliance with the MVLS Rule and is now subject to delisting from the Nasdaq Global Market. In the same letter, Nasdaq also notified the Company that it has not regained compliance with the Minimum Bid Price Rule and is now subject to delisting from the Nasdaq Global Market on this additional basis. The Company may appeal Nasdaq’s determination to a Hearings Panel, pursuant to the procedures set forth in the Nasdaq Listing Rules 5800 Series. A heari

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Profusa, Inc. terminated Account Control Agreement with Ascent Partners Fund LLC (effective 2026-03-12).

Action: termination
Counterparty: Ascent Partners Fund LLC
Effective: 2026-03-12

Exact text from the filing

On March 12, 2026, Ascent Partners Fund LLC (the “Secured Party”) notified the Company of the termination of the Account Control Agreement (the “Control Agreement”), dated as of September 29, 2025, among the Company, as pledgor, the Secured Party, BitGo Prime LLC (the “Delegate”), and BitGo Trust Company, Inc. (the “Custodian”).

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5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Profusa, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-027218

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