ZombieHealthcare
What Happened to Profusa?
Ticker: PFSASPAC Year: 2021
Return
-94.6%
Current Price
$0.54
Peak Price
$412.5
Trust Size
$4M
Summary
Profusa is a biosensor technology company developing miniaturized sensors that can be implanted under the skin to continuously monitor body chemistry.
What Happened
Profusa went public through a SPAC merger under the ticker PFSA. The company's tissue-integrated biosensor technology was originally developed with DARPA funding to monitor warfighter health. The stock has struggled with a reverse stock split, and the company faces challenges commercializing its novel sensing platform.
Timeline
2021-12-07
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split