secwatch.observer — SEC 8-K summary
======================================

Issuer:     Profusa, Inc. (PFSA)
CIK:        0001859807
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0001213900-26-047578
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud

Profusa Issues $1.11M Convertible Note and Warrant to Ascent Partners Fund LLC
------------------------------------------------------------------------------

- Issued $1,111,111.11 principal Senior Secured Convertible Promissory Note to Ascent Partners Fund LLC for $1,000,000 purchase price, maturing April 20, 2027, with 12% annual interest.
- Issued warrant to purchase up to 3,333,333 shares of common stock at $0.50 per share, exercisable for five years.
- Ascent entered into a 120-day lock-up agreement for shares underlying the warrant, expiring August 22, 2026.
- Side letter with Ascent waived certain defaults and increased warrant shares from 1,111,111 to 3,333,333.
- Note is secured by substantially all of Profusa's assets; conversion price $0.50 per share with 4.99% beneficial ownership limitation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859807/000121390026047578/0001213900-26-047578-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859807/000121390026047578/ea0287591-8k_profusa.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-047578

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