Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 366

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 366
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 of the Licensed Products prior to the sale). (U)Reflects the conversion of the Profusa Senior Secured Convertible Notes into shares of NorthView common stock. (V)Reflects the 532,958shares of NorthView common stock redeemed in March 2025 for an aggregate redemption amount of approximately $6.5million, which also includes a pro rata portion of the extension payments and interest that accrued between December31, 2024 and the March 2025 redemption date. 192 Adjustments to Unaudited Pro Forma Condensed Combined Statement of Operations The adjustments included in the unaudited pro forma condensed combined statement of operations for the year ended December 31, 2024: (AA)Represents the elimination of investment income related to the investments held in the NorthView Trust Account. (BB)Represents elimination of interest expense related to Profusa’s Junior Notes, and the interest expense related to Profusa’s Senior Notes Senior Secured Notes, and Senior Bridge Notes which was incurred following the modification of the Senior Notes on September 27, 2022 which was accounted for as debt extinguishment. Interest expense incurred prior to the September 27, 2022 modification is not eliminated because prior to that date the Senior Notes did not contain conversion feature requiring conversion of the Senior Notes upon a merger with a SPAC. Accordingly, the Senior Notes were deemed to have been extinguished as of September 27, 2022, and re -issuedimmediately as new debt that is convertible upon the Merger. All expenses incurred with respect to the Senior Notes following the September 27, 2022 modification, including interest expense and gains or losses incurred with subsequent modifications of the Senior Notes, are eliminated. (CC)Represents the income tax impact on the elimination of investment income related to the investments held in NorthView’s Trust Account. (DD)Represents elimination of gain (loss) from changes in the fair value of Northview’s convertible loan upon Merger. (EE)Represents elimination of loss from changes in the fair value of Profusa’s Tasly Convertible Debt upon Merger. (FF)To account for the Profusa Senior Secured Working Capital Loan interest at 12.0% during the year ended December31, 2024, for the portion not already accounted for in accrued interest. (GG)Represents the accrual of preliminary estimated Transaction related costs incurred by NorthView after December31, 2024. (HH)Represents issuance of the