Profusa, Inc. (PFSA) shares surged nearly 80.23 percent after jumping $0.05 to $0.12 on Tuesday, following the company's announcement that it has restructured its Senior Secured Convertible Note.
The stock was last trading at $0.13, compared with a previous close of $0.07. Shares opened at $0.13 and traded in a day's range of $0.13 to $0.17 on the Nasdaq. Trading volume spiked sharply to about 648.63 million shares, far exceeding the average daily volume of roughly 10.20 million shares, indicating heightened market interest.
Over the past 52 weeks, Profusa shares have traded between $0.07 and $5.50, underscoring significant volatility.
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