Profusa, Inc. announces a 1-for-4 reverse stock split effective August 17, 2026, reducing shares outstanding significantly.
Quiver AI Summary
Profusa, Inc., a digital health company based in Berkeley, California, announced a one-for-four reverse stock split of its common stock, which will take effect on August 17, 2026, at 12:01 am Eastern Time. Following the split, the number of outstanding shares will reduce from approximately 2.42 million to around 605,726, while the total authorized shares will remain at 601 million. The company's common stock will continue to trade under the ticker symbol "PFSA" on The Nasdaq Capital Market, but with a new CUSIP number. No fractional shares will be issued; instead, stockholders will receive cash for any fractional shares resulting from the split. Profusa is focused on developing innovative tissue-integrated sensors for continuous monitoring of health data.
Potential Positives
- The reverse stock split is intended to reduce the number of shares outstanding, which may enhance the perceived value of the remaining shares and potentially attract new investors.
- Profusa continues to maintain its presence on the Nasdaq Capital Market with the existing ticker symbol "PFSA," ensuring stability and continuity for shareholders.
- The company is focusing on innovation in digital health, developing new technologies that could improve personalized healthcare solutions.
Potential Negatives
- The announcement of a reverse stock split typically signals a struggle to maintain stock price levels and can indicate that the company's shares are underperforming, which may diminish investor confidence.
- As a result of the reverse stock split, the number of outstanding shares will be significantly reduced, potentially impacting liquidity and trading volume in the company’s stock.
- The reverse stock split may be viewed negatively by the market, causing existing shareholders to feel diluted or perceive a lack of fundamental growth, which could lead to further declines in stock value.
FAQ
What is the reverse stock split ratio for Profusa?
The reverse stock split ratio for Profusa is one-for-four (1:4).
When will the reverse stock split take effect?
The reverse stock split will take effect at 12:01 am (Eastern Time) on August 17, 2026.
How will the reverse stock split affect shareholders?
Will shareholders receive fractional shares after the split?
No fractional shares will be issued. Shareholders entitled to a fractional share will receive a cash payment instead.
What is Profusa's primary business focus?
Profusa focuses on developing tissue-integrated sensors for continuous biochemical monitoring and medical data transmission.
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 Insider Trading Activity
$PFSA insiders have traded $PFSA stock on the open market 8 times in the past 6 months. Of those trades, 5 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PFSA stock by insiders over the last 6 months:
- FINANCIAL LP HRT has made 5 purchases buying 22,176 shares for an estimated $21,237 and 3 sales selling 3,587 shares for an estimated $3,446.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PFSA Hedge Fund Activity
We have seen 7 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
- 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 $183,407
- SG AMERICAS SECURITIES, LLC removed 13,500 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $6,844
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, Aug. 13, 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-four (1:4) reverse stock split of its common stock. The reverse stock split will take effect at 12:01 am (Eastern Time) on August 17, 2026, and the Company’s common stock will open for trading on The Nasdaq Capital Market on August 17, 2026 on a post-split basis, under the existing ticker symbol “PFSA” but with a new CUSIP number 74319X405.
As a result of the reverse stock split, every four (4) shares of the Company’s common stock issued and outstanding prior to the opening of trading on August 17, 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 2,422,906 shares to approximately 605,726 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 digital health company developing 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