Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 313

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 313
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to own) stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company will not
be granted an ISO unless the exercise price of such option is at least one hundred ten percent (%) of the Fair Market Value on the
date of grant and the option is not exercisable after the expiration of five years from the date of grant. Options granted generally
vest over four years.

Activity under the Plan is
set forth below:

| Stock Option Activity                        |     | Options Outstanding 
 Shares              
 Available for       
 Grant               |            |   |     | Number of 
 Options   |           |   |     | Weighted-      
 Average        
 Exercise Price 
 Per Share      |      |     | Weighted-   
 Average     
 Remaining   
 Contractual 
 Term        
 (in years)  |      |
|:---------------------------------------------|:----|:--------------------|-----------:|:--|:----|:----------|----------:|:--|:----|:---------------|-----:|:----|:------------|-----:|
| Balances at January 1, 2025                  |     |                     |  1,560,091 |   |     |           | 2,972,055 |   |     | $              | 0.40 |     |             | 3.00 |
| Options granted                              |     |                     | (1,560,091 | ) |     |           | 1,560,091 |   |     | $              | 1.26 |     |             |      |
| Options exercised                            |     |                     |          — |   |     |           |         — |   |     | $              |    — |     |             |      |
| Options expired                              |     |                     |          — |   |     |           |         — |   |     | $              |    — |     |             |      |
| Options cancelled/forfeited                  |     |                     |     11,896 |   |     |           |   (11,896 | ) |     | $              | 0.63 |     |             |      |
| Balances at June 30, 2025                    |     |                     |     11,896 |   |     |           | 4,520,250 |   |     | $              | 0.70 |     |             | 6.48 |
| Exercisable at June