RegulatoryMay 8, 2026, 06:03 AM
Profusa Transfers Nasdaq Listing to Capital Market
AI Summary
Profusa, Inc. announced that the Nasdaq Hearings Panel approved its request to transfer the listing of its securities from The Nasdaq Global Market to The Nasdaq Capital Market. The company's continued listing on Nasdaq is contingent upon meeting specific interim milestones and achieving compliance with the bid price and stockholders' equity requirements for the Capital Market tier by July 6, 2026.
Key Highlights
- Nasdaq Hearings Panel granted Profusa's request to transfer listing on May 6, 2026.
- Securities will transfer from The Nasdaq Global Market to The Nasdaq Capital Market.
- Continued listing is subject to satisfying certain interim milestones.
- Company must comply with bid price and stockholders' equity requirements.
- Compliance deadline for Capital Market tier is July 6, 2026.
Price Impact
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