secwatch.observer — SEC 8-K summary
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Issuer:     Profusa, Inc. (PFSA)
CIK:        0001859807
Form:       8-K
Filed at:   2026-09-01T12:15:42+00:00
Accession:  0001213900-26-095984
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Profusa issues $329,670 convertible note to Ascent Partners; 7% interest, $4.28 conversion
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- Issued $329,670.33 principal senior secured convertible note to Ascent Partners Fund LLC for $300,000 (9% OID).
- Note bears 7% annual interest, matures Sept 1, 2027, convertible at $4.28/share with $1.07 floor price.
- Secured by substantially all assets; mandatory prepayment of 33% of net proceeds from subsequent offerings.
- Monthly amortization begins Jan 1, 2027; default rate 18% on event of default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859807/000121390026095984/0001213900-26-095984-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859807/000121390026095984/ea0304170-8k_profusa.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-095984

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