Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 130

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 130
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 provision
of the Purchase Agreement or the ELOC Registration Rights Agreement may be modified or waived by us or Ascent.

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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 Warrants to purchase up
to 900,000 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. If we do not require Ascent to purchase any Purchase Shares on or before the 100 day following the execution of the
Purchase Agreement, the number of Commitment Warrant Shares underlying the Commitment Warrants will be reduced to 450,000.

In addition, we have agreed
to reimburse Ascent for costs, fees and expenses of up to $30,000 of the negotiation, preparation and closing of the Purchase Agreement
up to the Effective Date and ELOC Registration Rights Agreement, and additional costs, fees and expenses thereafter.

The Purchase Agreement and
the ELOC 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.

Purchases of Common Stock Under the Purchase Agreement

Purchases

We have the right, but not
the obligation, from time to time at our sole discretion for a period of up to 36 months, unless the Purchase Agreement is earlier terminated,
beginning on the Effective Date, to direct Ascent to purchase a specified number of shares of Common Stock, not to exceed the applicable
Maximum Closing Purchase Price, in a Purchase under the Purchase Agreement, by timely delivering a written Advance Notice to Ascent to
purchase a specified number of Purchase Shares. On the same date, the Company must deliver the specified number of Purchase Shares to
Ascent.

Under the Purchase Agreement,
we may deliver from time to time an Advance Notice to the Purchaser to request the purchase of shares of common stock, with each closing
(a “Closing”) to occur on a trading day following the end of a 10 or fewer trading day