Profusa Initiates Board-Led Process to Evaluate Strategic Alternatives and Maximize Shareholder Value
Profusa's Board has initiated a process to evaluate strategic alternatives, including potential business combinations and asset sales, to maximize shareholder value with Tungsten Advisors as its exclusive financial advisor. Operationally, the company completed the required on-site audits by GMED for the Lumee Oxygen platform and anticipates CE Mark certification in Q3 or early Q4.
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