Company: PFSA
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088333
Chunk: 289

Company: Profusa, Inc.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 289
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 made and that such expenditures can be reasonably estimated. Significant judgment is required to determine both probability and the estimated amount. In the normal course of business, the Company enters into contracts and agreements that contain a variety of representations and warranties and provide for general indemnifications. The Company’s exposure under these agreements is unknown because it involves claims that may be made against the Company in the future, but that have not yet been made. To date, the Company has not paid any claims or been required to defend any action related to its indemnification obligations. However, the Company may record charges in the future as a result of these indemnification obligations.

Note 7 — Convertible Preferred Stock

Under the Company’s Amended and Restated Certificate of Incorporation, as amended, the Company is authorized to issue two classes of shares: preferred and common stock. The preferred stock is issuable in series, and the Company’s Board of Directors is authorized to determine the rights, preferences, and terms of each series. Under the Company’s Articles of Incorporation, as amended, the Company is authorized to issue shares of convertible preferred stock at a par value of $.

Convertible preferred stock as of June 30, 2025 and December 31, 2024 consisted of the following:

|                |     |     Shares 
 Authorized |     |       Share 
  Issued and 
 Outstanding |     | Liquidation 
 Preference  |        |     | Carrying 
 Amount   |        |     | Original    
 Issue Price |      |
|:---------------|:----|-----------:|:----|------------:|:----|:------------|-------:|:----|:---------|-------:|:----|:------------|-----:|
| New Series A   |     |  4,350,314 |     |   4,350,314 |     | $           |  5,307 |     | $        |  5,231 |     | $           | 1.22 |
| New Series B   |     |  5,293,175 |     |   5,293,175 |     | $           | 13,815 |     | $        | 13,701 |     | $           | 2.61 |
| New Series C   |     |  7,358,151 |     |   6,670,703 |     | $           | 37,623 |     | $        | 37,476 |     | $