- Profusa, Inc. entered into Amendment No. 1 to its Securities Purchase Agreement and Senior Secured Convertible Promissory Note on **August 25, 2025**, restructuring its financing and modifying conversion terms.  **[1859807_0001213900-25-080457_ea025456401ex10-1_profusa.htm:0]** **[1859807_0001213900-25-080457_ea025456401ex10-2_profusa.htm:0]** **[1859807_0001213900-25-080457_ea0254564-8k_profusa.htm:1]** 
- The amendment to the Securities Purchase Agreement now provides for **four tranches** of Notes, with the **First Tranche** of **$10,000,000** in aggregate principal amount already closed on **July 11, 2025**.  **[1859807_0001213900-25-080457_ea0254564-8k_profusa.htm:1]** 
- Subsequent tranches include a **Second Tranche** of **$2,222,222** (purchase price **$2,000,000**), a **Third Tranche** of **$5,555,556** (purchase price **$5,000,000**), and a **Fourth Tranche** of **$4,444,444** (purchase price **$4,000,000**), each subject to specific conditions.  **[1859807_0001213900-25-080457_ea0254564-8k_profusa.htm:1]** **[1859807_0001213900-25-080457_ea025456401ex10-1_profusa.htm:1]** 
- The amendment to the Senior Secured Convertible Promissory Note establishes a **Conversion Price** that is the lower of a specified amount or **95% of the lowest VWAP** over the preceding ten trading days, with a **Floor Price** set at **20% of the Closing Sale Price** on **August 22, 2025**.  **[1859807_0001213900-25-080457_ea025456401ex10-2_profusa.htm:0]** **[1859807_0001213900-25-080457_ea0254564-8k_profusa.htm:2]** **[1859807_0001213900-25-080457_ea025456401ex10-3_profusa.htm:4]**

Profusa (PFSA)