secwatch.observer — SEC 8-K summary
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Issuer:     Profusa, Inc. (PFSA)
CIK:        0001859807
Form:       8-K
Filed at:   2026-10-05T10:07:10+00:00
Accession:  0001213900-26-106610
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Profusa amends Ascent notes: floor set at $0.338/share, minimum conversion price $1.20
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- Amendment No. 1 dated Oct. 4, 2026 covers Profusa's $555,555.55 April 2 note and $1,111,111.11 April 20 note, both held by Ascent Partners Fund LLC.
- Conversion Price changed from a fixed $0.50 to the greater of $1.20 and 95% of the lowest 5-day VWAP; Floor Price set at $0.338 per share.
- Reserve Amount for the amended April Notes becomes 150% of the maximum shares issuable under the transaction documents.
- Ascent waived anti-dilution Sections 5(b) and 5(c) on the $714,285.71 (Aug. 12, 2026), $329,670.33 (Sept. 1, 2026) and $384,615.38 (Sept. 16, 2026) notes.
- Deal is effective only once all Obligations due are paid; Ascent may terminate if that does not occur within two business days of signing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859807/000121390026106610/0001213900-26-106610-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859807/000121390026106610/ea0307663-8k_profusa.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-106610

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