Profusa Disclosed Failure to Satisfy a Continued Listing Rule or Standard

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2026.04.29 21:33
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Profusa has disclosed that it failed to meet Nasdaq's Listing Rule 5450(b)(1)(C), which requires a market value of publicly held shares of at least $15 million by April 27, 2026. The Nasdaq Hearings Panel will review this along with other deficiencies related to bid price and market value. The company plans to submit its views by May 5, 2026, but there is no guarantee of continued listing.