Profusa announced that, effective May 15, 2026, its common stock will transfer from the Nasdaq Global Market tier to the Nasdaq Capital Market tier. This move fulfills the first of several interim milestones outlined by a Nasdaq Hearings Panel, designed to ensure compliance with the market’s minimum bid price and stockholders’ equity requirements.

The transfer to the Capital Market tier supports Profusa’s plan to maintain its Nasdaq listing while it works toward restoring its share price above the minimum bid threshold and bolstering its stockholders’ equity. Successful completion of subsequent milestones will determine the company’s long-term listing status and could influence investor confidence and liquidity.