Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 584

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 584
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 and December31, 2023, the Company’s certificate of incorporation authorized issuance of 40,000,000 shares of common stock. Each share of common stock is entitled to one vote. The holders of common stock are also entitled to receive dividends whenever funds are legally available and when declared by the Board of Directors, subject to prior rights of the preferred stockholders. As of December 31, 2024, no dividends have been declared to date. The Company had reserved shares of common stock, on an as -convertedbasis, for future issuance as follows:

|                                            |     | December 31, 
         2024 |     | December 31, 
         2023 |
|:-------------------------------------------|:----|-------------:|:----|-------------:|
| Conversion of Series A preferred stock     |     |    4,350,314 |     |    4,350,314 |
| Conversion of Series B preferred stock     |     |    5,293,175 |     |    5,293,175 |
| Conversion of Series C/C-1 preferred stock |     |    8,220,445 |     |    8,220,445 |
| Outstanding options under 2010 Plan        |     |    2,972,055 |     |    2,982,055 |
| Issuance of options under the 2010 Plan    |     |    1,560,091 |     |    1,550,091 |
|                                            |     |   22,396,080 |     |   22,396,080 |

Note 9 — Stock Option Plan In 2010, the Company adopted the 2010 Equity Incentive Plan (the “Plan”) under which 2,000,000shares of the Company’s common stock have been initially reserved for issuance to employees, directors and consultants. Options granted under the Plan may be either incentive stock options (“ISO”) or nonqualified stock options (“NSO”). ISOs may be granted only to Company employees, including officers and directors who are also employees. NSOs may be granted to Company employees, consultants and advisors.

F-50

PROFUSA, INC. AND SUBSIDIARY
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Note 9 — Stock Option Plan (cont.) A person who owns (or is deemed to own) stock possessing more than ten percent (10%) of the total combined voting power of all