Profusa Stock Soars—To 12 Cents—On Debt Restructuring

Profusa Inc. (NASDAQ:PFSA) shares soared on Tuesday after the company announced the restructuring of its debt and a reduction in potential shareholder dilution, sparking a wave of speculative buying for the digital health company.PFSA stock is soaring. See the chart and price action here. Debt RestructuringThe primary driver behind the rally was Profusa’s decision to restructure its senior secured convertible notes. The company increased the conversion floor price from 10 cents to 35 cents in a move designe ...