Profusa regains Nasdaq compliance after reverse stock split issue

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Go back to Profusa regains Nasdaq compliance after reverse stock split issue

Profusa, Inc. Announces Compliance with Nasdaq Publicly Held Shares Requirement

August 31, 2026 8:50 AM EDT

Berkeley, CA, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Profusa, Inc. (Nasdaq: PFSA) (the Company) announced that it has received a letter (the Notice) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) stating that on August 14, 2026, following the effectiveness of the Companys 1-for-4 reverse stock split, the Company had less than the 500,000 publicly held shares required under Nasdaq Listing Rule 5550(a)(4) (the Rule).  The Notice further stated that based on the Companys correspondence with Nasdaq on August 21, 2026, Nasdaq has determined that the Company complies with the Rule as of August 21, 2026, and... More