Profusa Inc. has announced a significant financial agreement with Ascent Partners Fund LLC, under which the company may issue and sell shares of its common stock for a total purchase price of up to $100 million. This agreement, detailed in the recently signed Securities Purchase Agreement, includes a warrant for Ascent to purchase 900,000 shares of common stock and imposes certain restrictions on Profusa regarding equity and related transactions. The agreement allows Profusa to deliver advance notices for share purchases, with the purchase price set at 97% of the lowest volume-weighted average price during a specified valuation period. This move is expected to provide Profusa with substantial financial flexibility to support its operations and growth.
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