Profusa Announces 1-for-25 Reverse Split Reducing Outstanding Shares to 530K
PFSA•Profusa filed an amendment to its charter to execute a one-for-25 reverse stock split of its common stock effective July 7, 2026. The split will consolidate approximately 13.2 million outstanding shares into 530 thousand and provide cash payments in lieu of fractional shares, while authorized shares remain at 601 million.
1. Reverse Split Mechanics
Profusa amended its amended and restated certificate of incorporation in Delaware to implement a one-for-25 reverse stock split of its common stock, effective at 12:01 am ET on July 7, 2026, under the existing Nasdaq ticker but with a new CUSIP number.
2. Outstanding Shares Reduction
Prior to the split, Profusa had approximately 13.2 million shares issued and outstanding; post-split the share count will consolidate to roughly 530 thousand shares while the total authorized common shares will remain at 601 million.
3. Fractional Share Cash-Out
No fractional shares will be issued; stockholders entitled to fractional shares will instead receive a cash payment based on the closing price of the common stock on the effective date of the split.
4. Corporate Strategy Implications
The reverse split is designed to increase the per-share trading price and maintain compliance with Nasdaq listing standards, potentially broadening investor interest and improving the company’s market profile.
