m_and_a
confidence high
sentiment neutral
materiality 0.75
Profusa acquires PanOmics platform assets for $30M in convertible preferred stock
Profusa, Inc.
- Purchase price $30M via Series A Convertible Preferred Stock, convertible to common after 1 year.
- Seller retains all patent rights; buyer gets know-how, data, algorithms, software for multi-omics platform.
- Subject to Nasdaq stockholder approval by June 30, 2026; closing target by Sep 30, 2026.
- Seller receives 3% royalty on net revenue from commercialization; 5-year lock-up on shares.
- Company seeks to raise $10M additional equity financing concurrently with closing.