Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 352

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 352
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 the affirmative vote of a majority of the Company’s common stock that are voted is required to approve any such matter voted on by the stockholders. There is no cumulative voting with respect to the election of directors, with the result that the holders of more than 50% of the shares voted for the election of directors can elect all of the directors (prior to consummation of the initial Business Combination). The Company’s stockholders are entitled to receive ratable dividends when, as and if declared by the board of directors out of funds legally available therefor.

Note 8 — Fair Value Measurements

Fair value is defined as the
price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants
at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements)
and the lowest priority to unobservable inputs (Level 3 measurements). The Company’s financial instruments are classified as either
Level 1, Level 2 or Level 3. These tiers include:

| ● | Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in 
 active markets;                                                                                       |

| ● | Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly                                
 observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets 
 that are not active; and                                                                                                                    |

| ● | Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring                                  
 an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs 
 or significant value drivers are unobservable.                                                                                         |

F-74 NORTHVIEW ACQUISITION CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 8 — Fair Value Measurements(cont.)

The following tables present
information about the Company’s assets and liabilities that are measured at fair value on December 31, 2024 and 2023, and indicates
the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

|                                                  |     |   | December 31, 
         2024 |     |   |    Quoted 
 Prices In 
    Active 
   Markets 
 (Level 1) |