Profusa announced a 1-for-25 reverse stock split effective July 7, 2026, reducing shares from 13.2 million to 530 thousand.
Quiver AI Summary
Profusa, Inc., a digital health company based in Berkeley, California, has announced a one-for-twenty-five reverse stock split of its common stock, effective July 7, 2026, at 12:01 am Eastern Time. Following the split, the company's shares will be consolidated, reducing the number of outstanding shares from approximately 13.2 million to about 530,000, while maintaining the authorized shares at 601 million. The company's common stock will continue to trade on the Nasdaq under the ticker symbol "PFSA," but will have a new CUSIP number. Additionally, shareholders entitled to fractional shares will receive cash payments instead. Profusa develops innovative biosensors and data platforms aimed at continuous health monitoring.
Potential Positives
- The reverse stock split aims to enhance the company's stock price by consolidating shares, potentially making the stock more attractive to institutional investors.
- The reduction in the number of outstanding shares from approximately 13.2 million to about 530 thousand shares could improve the earning per share (EPS) metrics, beneficial for future financial reporting.
- Profusa maintains its NASDAQ listing under the same ticker symbol “PFSA,” ensuring continuity and stability for current shareholders while potentially attracting new investors.
Potential Negatives
- The announcement of a one-for-twenty-five reverse stock split may signal to investors that the company's stock price is too low, potentially indicating underlying financial issues.
- The reduction in the number of outstanding shares from approximately 13.2 million to about 530 thousand may not be favorable, as it could create liquidity issues for shareholders and trading volumes.
- The reverse stock split could lead to negative perceptions among investors as such actions are often associated with companies struggling to maintain a satisfactory stock price.
FAQ
What is the reverse stock split ratio announced by Profusa?
Profusa announced a one-for-twenty-five (1:25) reverse stock split of its common stock.
When will the reverse stock split take effect?
The reverse stock split will take effect at 12:01 am (Eastern Time) on July 7, 2026.
How will the reverse stock split affect share count?
Post-split, the number of outstanding shares will decrease from approximately 13.2 million to around 530 thousand shares.
Will fractional shares be issued after the reverse stock split?
No fractional shares will be issued; stockholders will receive cash payments for any fractional shares.
What is the purpose of the reverse stock split by Profusa?
The reverse stock split aims to consolidate shares and may help optimize stock price and trading liquidity.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PFSA Hedge Fund Activity
We have seen 5 institutional investors add shares of $PFSA stock to their portfolio, and 15 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG removed 3,541,715 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,795,649
- LEO WEALTH, LLC removed 149,092 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $75,589
- CITADEL ADVISORS LLC added 30,844 shares (+inf%) to their portfolio in Q1 2026, for an estimated $15,637
- RVW WEALTH, LLC removed 29,300 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,855
- GEODE CAPITAL MANAGEMENT, LLC added 28,624 shares (+1365.0%) to their portfolio in Q1 2026, for an estimated $14,512
- EWA, LLC removed 27,399 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $13,891
- GABELLI FUNDS LLC removed 14,470 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $7,336
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
BERKELEY, California, July 02, 2026 (GLOBE NEWSWIRE) -- Profusa, Inc. (“Profusa” or the “Company”) (Nasdaq: PFSA), a commercial stage digital health company pioneering a next-generation technology platform enabling the continuous monitoring of an individual’s biochemistry, today announced that it filed an amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware to effect a one-for-twenty-five (1:25) reverse stock split of its common stock. The reverse stock split will take effect at 12:01 am (Eastern Time) on July 7, 2026, and the Company’s common stock will open for trading on The Nasdaq Global Market on July 7, 2026 on a post-split basis, under the existing ticker symbol “PFSA” but with a new CUSIP number 74319X 306.
As a result of the reverse stock split, every twenty-five (25) shares of the Company’s common stock issued and outstanding prior to the opening of trading on July 7, 2026, will be consolidated into one issued and outstanding share, with no change in the nominal par value per share of $0.0001. No fractional shares will be issued if, as a result of the reverse stock split, a stockholder of record would become entitled to a fractional share because the number of shares of common stock they hold before the reverse stock split is not evenly divisible by the split ratio. Instead, each stockholder of record will be entitled to receive a cash payment in lieu of a fractional share.
As a result of the reverse stock split, the number of shares of common stock outstanding will be reduced from approximately 13.2 million shares to approximately 530 thousand shares, and the number of authorized shares of common stock will remain at 601 million shares.
About Profusa
Based in Berkeley, California, Profusa is a commercial stage digital health company led by visionary scientific founders, an experienced management team and a world-class board of directors in the development of a new generation of tissue-integrated sensors to detect and continuously transmit actionable, medical-grade data for personal and medical use. With its long-lasting, injectable and affordable biosensors and its intelligent data platform, Profusa aims to provide people with a personalized biochemical signature rooted in data that clinicians can trust and rely on.
“LUMEE”, “PROFUSA” and the PROFUSA logo are registered trademarks of Profusa Inc. in the United States, Canada, European Union, China, Japan, South Korea and Australia.
For more information, visit https://profusa.com .
Forward-Looking Statements
Certain statements in this press release (this “Press Release”) may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, without limitation, the timing and completion of the reverse split. Forward-looking statements generally relate to future events or future financial or operating performance of Profusa. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “propose,” “seek,” “should,” “strive,” “will,” or “would” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which may be beyond the control of Profusa and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Profusa and its management, are inherently uncertain. Profusa cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. There are risks and uncertainties described in the definitive proxy/final prospectus relating to the business combination, which has been filed with the SEC, and in other documents filed by Profusa from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Profusa cannot assure you that the forward-looking statements in this communication will prove to be accurate.
Investor and Media Contacts:
email:
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phone: 1(212) 655-0924