---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-092597"
form_type: "8-K"
ticker: "PFSA"
cik: "0001859807"
company_name: "Profusa, Inc."
filed_at: "2026-08-21T20:05:47+00:00"
generated_at: "2026-08-21T20:07:24.777907+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Profusa issues $714k convertible note; Ascent warrant price cut to $1.07; $6.1M notes exchanged for preferred stock

## Summary
- Aug 12, 2026: issued $714,285.72 senior secured convertible note to Ascent for $650,000, 7% interest, matures Aug 12, 2027, with OID.
- Conversion price $1.07/share; floor $1.07; monthly amortization starts Dec 1, 2026; 33% mandatory prepay from subsequent offerings.
- Amendment No. 5 lowers Ascent warrant exercise price to $1.07/share and adds a new form of Note (Exhibit A-3).
- Exchange Agreement Aug 19, 2026: Ascent $6,137,958.66 outstanding (principal $5,529,722.96 + interest $608,235.70) exchanged for Series A Preferred at effective $4.28/share.
- Exchange is contingent on closing of Company option under July 31, 2026 Option Agreement with multiple acquirers; exempt under Section 3(a)(9).

## SEC filing metadata
- accession: 0001213900-26-092597
- form_type: 8-K
- ticker: PFSA
- cik: 0001859807
- company_name: Profusa, Inc.
- filed_at: 2026-08-21T20:05:47+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859807/000121390026092597/0001213900-26-092597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859807/000121390026092597/ea0302799-8k_profusa.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-092597
- JSON: https://secwatch.observer/filing/0001213900-26-092597.json
- Plain text: https://secwatch.observer/filing/0001213900-26-092597.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.