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, issuing a senior secured convertible promissory note to Ascent Partners Fund for $329,670.33 in principal, yielding $300,000 in proceeds due to original issue discount.
The note bears 7% interest, matures on Sep 1, 2027 (or earlier per Option Closing Date…