debt
confidence high
sentiment neutral
materiality 0.35
Profusa issues $384,615 senior secured convertible note to Ascent Partners
Profusa, Inc.
- Issued $384,615.38 principal note to Ascent Partners for $350,000 (original issue discount) on Sept 16, 2026.
- Note bears 7% interest, convertible at $4.28/share, floor price $1.07, matures Sept 16, 2027 or at Option Closing.
- Mandatory prepayment of 33% of net proceeds from any subsequent offering; secured by substantially all assets.
- Additional closing under Feb 11, 2025 Securities Purchase Agreement with Ascent as purchaser and collateral agent.