Upgrade to SI Premium - Free Trial

Profusa regains Nasdaq compliance after reverse stock split issue

August 31, 2026 8:50 AM

Profusa, Inc. (NASDAQ: PFSA) announced it received a notice from the Listing Qualifications Department of the Nasdaq Stock Market stating that following the company's 1-for-4 reverse stock split, its publicly held shares fell below the 500,000-share minimum required under Nasdaq Listing Rule 5550(a)(4).

The deficiency was identified on Aug. 14, 2026. After correspondence between the company and Nasdaq, the exchange determined that Profusa had returned to compliance with the rule as of Aug. 21, 2026, and closed its review.

According to the announcement, the notice has no effect on the listing or trading of the company's shares, which continue to trade on the Nasdaq Capital Market under the ticker symbol "PFSA."

The disclosure was made in accordance with Nasdaq Listing Rule 5810(b), which requires companies to promptly disclose receipt of a deficiency notification.

Categories

Corporate News

Next Articles