Profusa Announces Key Management Changes And Signing Of Non-Binding Term Sheet For The Acquisition Of A Commercial Stage Diagnostics Company
PFSA•Management changes and acquisition term sheet
July 27 (Reuters) - Profusa Inc PFSA.O:
- Profusa announces key management changes and signing of a non-binding term sheet for the acquisition of a commercial stage diagnostics company
- Profusa appoints Jack Stover as executive chairman and CEO
- Profusa to issue 19.99% common shares and convertible preferred stock to DX company stockholders
- Profusa expects to close $7 million financing via convertible note with 7% interest rate
Source text: ID:nGNX6LdTh2
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