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Profusa issues USD 329,670 senior secured convertible note to Ascent Partners Fund
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Profusa issues USD 329,670 senior secured convertible note to Ascent Partners Fund
  • Profusa completed an additional closing under its February 2025 securities purchase agreement, issuing Ascent Partners Fund a Senior Secured Convertible Promissory Note.
  • Note principal USD 329,670.33 for USD 300,000 purchase price, reflecting original issue discount; maturity Sept. 1, 2027.
  • Coupon set at 7% per year, payable monthly in cash; share payment permitted under conditions.
  • Convertible at holder option at USD 4.28 per share, with a USD 1.07 floor; 4.99% beneficial ownership cap, raiseable to 9.99%.
  • Secured by substantially all assets; default rate rises to 18% with acceleration option; mandatory prepayment equals 33% of net proceeds from subsequent offerings.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Profusa Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-095984), on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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