Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 8

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 8
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 date either party effectively
delivers notice to the other party of such termination.

As consideration for Ascent’s commitment to purchase shares
of Common Stock at our direction upon the terms and subject to the conditions set forth in the Purchase Agreement, upon our execution
of the term sheet relating to the Purchase Agreement, we issued Ascent Commitment Warrant to purchase 900,000 shares of Common Stock
(the “Commitment Warrant Shares”). The Commitment Warrants have an exercise price of $0.01 and may be exercised for cash or,
if at the time of exercise there is no effective registration statement covering the resale of the Commitment Warrant Shares, on a cashless
basis.

In addition, we have agreed to reimburse Ascent
for the reasonable legal fees and disbursements of Ascent’s legal counsel in connection with the transactions contemplated by the
Purchase Agreement and the Registration Rights Agreement in an amount not to exceed $30,000 upon our execution of the Purchase Agreement
and Registration Rights Agreement.

The Purchase Agreement and the Registration Rights
Agreement contain customary representations, warranties, conditions, and indemnification obligations of the parties. Copies of the agreements
have been filed as exhibits to the registration statement that includes this prospectus and are available electronically on the SEC’s
website at www.sec.gov.

Because the per share purchase
price that Ascent will pay for Purchase Shares in any Purchase that we may elect to effect pursuant to the Purchase Agreement will be
determined by reference to the VWAP during the applicable Valuation Period on the applicable Closing Date, as of the date of this prospectus,
we cannot determine the actual purchase price per share that Ascent will be required to pay for any Purchase Shares that we may elect
to sell to Ascent under the Purchase Agreement from and after Commencement and, therefore, we cannot be certain how many Purchase Shares,
in the aggregate, we may issue and sell to Ascent under the Purchase Agreement from and after Commencement. As of October 8, 2025, there
were 41,759,307 shares of our Common Stock outstanding, of which 34,982,922 shares were held by non-affiliates of our Company.
If all of the 42,211,548 Purchase Shares offered for resale by Ascent under this prospectus were issued and outstanding as of the date
hereof, such shares would represent approximately 50.3% of the total number of outstanding shares of Common Stock and approximately 54.7%
of