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Profusa advances towards acquiring G3 with key financials delivered and Nasdaq compliance regained

Company Fundamentals
12 Nov 2026, 14:30 WIB
GlobeNewsWire
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Bullish
Profusa advances towards acquiring G3 with key financials delivered and Nasdaq compliance regained

Profusa, Inc. announced progress in fulfilling conditions to close its option agreement to acquire G3 Vision Labs, including receipt of G3's audited financial statements for 2024 and 2025 and unaudited statements for mid-2026. The combined G3 company reported $108 million in revenue and a $2.4 million net loss for FY 2025, with an adjusted EBITDA of $5 million. Profusa has secured sufficient working capital, converted debt into preferred stock, and regained compliance with Nasdaq listing standards. The acquisition, expected to close by year-end, will create a public diagnostics company, while Profusa continues efforts to obtain CE mark approval for its Lumee Oxygen Platform.

Profusa's progress on its option agreement with G3 provides context for health sector activity on Pluang. For readers following the health sector, here is Pluang's market snapshot as of Nov 12, 2026 19:11 WIB: out of 150 priced US health stocks, 91 rose and 53 fell. Notable movers include AVAH at USD 12.20 with a 1-day change of -6.80%, SANA at USD 2.41 up 5.24% with 94% buy order activity, and BNGO at USD 1.15 up 4.55% with 56% buy order activity and a typical hold time of 52 days.

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