Profusa signs option to acquire diagnostics firm G3 Vision Labs
Reuters2026/07/31 20:57- Profusa signed an option agreement to acquire diagnostics operator G3 Vision Labs, which estimates 2025 net revenue of about $111 million.
- The option can be exercised up to delivery of specified financial information, then for 90 days, subject to conditions.
- Key conditions include at least $30 million in financing commitments, refinancing or repayment of certain G3 debt, Nasdaq-related stockholder approval, continued listing.
- Upfront consideration: 201,120 Profusa common shares; 52,903 shares of Series A non-voting convertible preferred stock, convertible 1,000-to-1 with approval.
- If exercised, sellers receive an additional 53,918 preferred shares; if not, G3 holders keep the upfront consideration.
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