Profusa, Inc. confirmed compliance with Nasdaq listing requirements after a reverse stock split, maintaining its trading status.
Quiver AI Summary
Profusa, Inc. announced that it received a notice from Nasdaq stating that following its 1-for-4 reverse stock split on August 14, 2026, the company had fewer than the required 500,000 publicly held shares. However, as of August 21, 2026, Nasdaq confirmed that Profusa complies with the listing requirements, and the review of compliance is now closed. This notice does not impact the trading of its securities, which continue to trade under the symbol "PFSA." The announcement complies with Nasdaq regulations that mandate prompt disclosure of such deficiencies. Profusa, based in Berkeley, California, specializes in developing tissue-integrated sensors for health monitoring. The press release includes forward-looking statements, indicating uncertainties associated with the company's future performance.
Potential Positives
- Profusa has successfully resolved its compliance issue with Nasdaq, confirming it meets the necessary requirements as of August 21, 2026.
- The company's securities continue to trade on The Nasdaq Capital Market under the symbol “PFSA,” ensuring ongoing accessibility for investors.
- This press release demonstrates Profusa's commitment to transparency by promptly disclosing its compliance status in accordance with Nasdaq Listing Rule 5810(b).
Potential Negatives
- The company received a deficiency notice from Nasdaq indicating it fell below the minimum required number of publicly held shares following a reverse stock split.
- Despite compliance as of a later date, the initial deficiency notice could raise concerns about liquidity and investor confidence in the company's stock.
FAQ
What is the recent Nasdaq notice regarding Profusa?
Profusa received a notice from Nasdaq stating it had less than 500,000 publicly held shares after a reverse stock split.
How did Profusa respond to the Nasdaq Notification?
Profusa communicated with Nasdaq and confirmed compliance with the listing rule as of August 21, 2026.
Does the Nasdaq notice affect trading of Profusa's shares?
No, the notice does not affect the listing or trading of Profusa's securities on Nasdaq.
What is Profusa's business focus?
Profusa specializes in developing tissue-integrated sensors for continuous transmission of medical-grade data for personal and medical use.
Are there any forward-looking statements in Profusa's press release?
Yes, the press release contains forward-looking statements related to the timing and completion of the reverse stock split.
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 11 times in the past 6 months. Of those trades, 6 have been purchases and 5 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 6 purchases buying 27,761 shares for an estimated $26,621 and 5 sales selling 64,393 shares for an estimated $150,373.
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 6 institutional investors add shares of $PFSA stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LEO WEALTH, LLC removed 149,092 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $75,589
- 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
- GABELLI & CO INVESTMENT ADVISERS, INC. removed 10,530 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $133,467
- HRT FINANCIAL LP added 6,838 shares (+inf%) to their portfolio in Q2 2026, for an estimated $79,662
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, CA, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Profusa, Inc. (Nasdaq: PFSA) (the “Company”) announced that it has received a letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that on August 14, 2026, following the effectiveness of the Company’s 1-for-4 reverse stock split, the Company had less than the 500,000 publicly held shares required under Nasdaq Listing Rule 5550(a)(4) (the “Rule”). The Notice further stated that based on the Company’s correspondence with Nasdaq on August 21, 2026, Nasdaq has determined that the Company complies with the Rule as of August 21, 2026, and that Nasdaq’s review of the Company’s compliance with the Rule is now closed.
The Notice has no effect on the listing or trading of the Company’s securities, which continue to trade on The Nasdaq Capital Market under the symbol “PFSA.”
This announcement is made in accordance with Nasdaq Listing Rule 5810(b), which requires prompt public disclosure of receipt of a deficiency notification.
About Profusa, Inc.
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.
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