Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Profusa, Inc. (PFSA)

Profusa issues $769,230.77 convertible note to Ascent Partners for $700,000

Negative Impact 3 of 5 financing Written later

On October 15, 2026, Profusa issued a Senior Secured Convertible Promissory Note with a $769,230.77 principal amount to Ascent Partners Fund LLC for a purchase price of $700,000.00, with original issue discount. The note is convertible into common stock at $4.28 per share and is secured by company assets, so holders could receive new shares and the company faces debt and cash payment obligations that may affect existing shareholders.

Key points

  • Principal of $769,230.77 issued for a purchase price of $700,000.00, with original issue discount.
  • Matures on the earlier of October 15, 2027 and the Option Closing Date; interest is 7% per annum, rising to 18% upon an Event of Default.
  • Convertible at Ascent's option at $4.28 per share, subject to adjustment and a Floor Price of $1.07 per share.
  • Monthly principal amortization begins January 1, 2027; 33% of net proceeds of any Subsequent Offering must be used to prepay the note in cash.

The filing

CompanyProfusa, Inc. (PFSA)
Form8-K, current report
Filed with the SECOct 15, 2026, 6:10 AM ET
Accession number0001213900-26-109558

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.