Profusa draws on equity line with 9.99% dilution cap and downside price protection

Filed June 8, 2026 · Period ending June 8, 2026 · ~1 min read

Key Changes

• high

  Company requested share sale to Ascent Partners under existing equity line, allowing drawdown up to 9.99% of shares outstanding (capped at $200,000) through July 15, 2026—a significant potential dilution event.

  Item 1.01 view on EDGAR →
• high

  Modified pricing gives Company 97% of lowest 10-day trailing VWAP upfront, but includes True-Up Mechanism requiring additional share issuance if stock falls while Ascent sells—creating compounding dilution risk.

  Item 1.01 view on EDGAR →
• medium

  Terms represent temporary modification of July 2025 equity line (amended December 2025), providing faster cash access but at 3% discount and with downside protection favoring investor over shareholders.

  Item 1.01 view on EDGAR →