Profusa Finalizes 1-for-75 Reverse Stock Split to Take Effect February 9th, Reducing Shares to 1.2 Million
Summary
Profusa, Inc. has finalized a 1-for-75 reverse stock split, effective February 9, 2026, to consolidate its common stock and maintain Nasdaq listing compliance.
Key Events
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Reverse Stock Split Finalized
The company's CEO, under authority granted by the board, approved a 1-for-75 reverse stock split, effective 12:01 a.m. Eastern Time on February 9, 2026.
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Significant Share Reduction
The reverse split will reduce the number of outstanding common shares from approximately 92.4 million to about 1.2 million, while authorized shares remain at 601 million.
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Nasdaq Listing Compliance
The action is intended to help the company meet Nasdaq Capital Market's minimum bid price requirements, with post-split trading commencing February 9, 2026, under the existing ticker symbol PFSA.
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Fractional Share Treatment
No fractional shares will be issued; stockholders entitled to fractional shares will receive a cash payment based on the closing price on the effective date.
Analysis
This 8-K filing confirms the specific terms and effective date of the reverse stock split, following the stockholder approval on February 2, 2026, for a range of ratios. The chosen 1-for-75 ratio is aggressive, significantly reducing outstanding shares and indicating a critical effort to meet Nasdaq's minimum bid price requirements and avoid delisting. For a micro-cap company like Profusa, a reverse split is often a necessary but negative signal, highlighting underlying financial challenges and potentially paving the way for further dilutive capital raises, as suggested by the recent S-1 filing on February 4, 2026, which included an equity line.
At the time of this filing, PFSA was trading at $0.08 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $7.4M. The 52-week trading range was $0.07 to $13.00. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.