Profusa issues $329,670 senior secured convertible note; $300,000 proceeds
Profusa entered a financing agreement issuing a senior secured convertible promissory note to Ascent Partners Fund for $329,670.33 principal, generating $300,000 proceeds via original issue discount. The note carries 7% interest and matures Sep 1, 2027.
Profusa entered into a financing agreement and issued a senior secured convertible promissory note to Ascent Partners Fund with $329,670.33 in principal, generating $300,000 in proceeds after the original issue discount. The note carries 7% interest and matures on Sep 1, 2027, or earlier on the Option Closing Date.