Profusa withdraws $15 million public offering for smaller fundraise
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Profusa To Withdraw S-1 Registration Statement to Pursue a Smaller, More Focused Offering
February 27, 2026 9:15 AM ESTAfter Reevaluating its Near-term Capital Needs Given the Recent Changes in its Projected 2026 Revenue and Mayo Collaboration, the Company Determined that a $15 Million Offering is Not Required to Achieve Near-term Revenue Projections
BERKELEY, CA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Profusa, Inc. (Profusa or the Company) (Nasdaq: PFSA), a commercial stage digital health company pioneering the next generation of technology platform enabling the continuous monitoring of an individuals biochemistry, announces it has elected not to proceed with its public offering and intends to file a post-effective amendment with the U.S.... More
