Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 331

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 331
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 This discussion applies only to NorthView Common Stock and New Profusa Common Stock that is held as a “capital asset” within the meaning of Section 1221 of the Code for U.S. federal income tax purposes (generally, property held for investment). This discussion is limited to U.S. federal income tax considerations, and does not address estate or any gift tax considerations or considerations arising under the tax laws of any state, local or non -U.S. jurisdiction. This discussion does not describe all of the U.S. federal income tax consequences that may be relevant to holders in light of their particular circumstances, including the alternative minimum tax, the Medicare tax on certain investment income and the different consequences that may apply if holders are subject to special rules under U.S. federal income tax law that apply to certain types of investors, such as: •financial institutions or financial services entities; •broker -dealers; •insurance companies; •dealers or traders subject to a mark -to-marketmethod of accounting; •persons holding NorthView Common Stock as part of a “straddle,” hedge, integrated transaction or similar transaction; •U.S. holders (as defined below) whose functional currency is not the U.S. dollar; •“specified foreign corporations” (including “controlled foreign corporations”), “passive foreign investment companies” and corporations that accumulate earnings to avoid U.S. federal income tax; •U.S. expatriates or former long -termresidents of the United States; •governments or agencies or instrumentalities thereof; •regulated investment companies (RICs) or real estate investment trusts (REITs); •persons that directly, indirectly or constructively own five percent or more (by vote or value) of NorthView Common Stock; •persons who received their shares of NorthView Common Stock pursuant to an exercise of employee share options, in connection with employee share incentive plans or otherwise as compensation; •the Sponsor or its affiliates, officers or directors; •S corporations or partnerships (including entities or arrangements treated as partnerships for U.S. federal income tax purposes); •persons subject to special tax accounting rules as a result of any item of gross income being taken into account in an applicable financial statement; •tax -qualifiedretirement plans; •“qualified foreign pension funds” as defined in Section 897(l)(2) of the Code and entities all of the interests of which are held by qualified foreign pension funds; and •tax -exemptentities. If a partnership (including an entity or arrangement treated as a partnership