Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 91

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 91
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 Cash Flows Data   |     |              |        |   |     |      |        |   |
| Net cash provided by (used in) |     |              |        |   |     |      |        |   |
| Operating activities           |     | $            | (2,066 | ) |     | $    | (4,402 | ) |
| Investing activities           |     |              |      — |   |     |      |     (2 | ) |
| Financing activities           |     |              |  2,115 |   |     |      |  4,468 |   |

____________ (1)Includes stock -basedcompensation expense as detailed below. (2)Working capital calculated as current assets minus current liabilities.

23 SUMMARY OF PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION The following selected unaudited pro forma condensed combined financial data (the “selected pro forma information”) gives effect to the Business Combination described in the section entitled “Unaudited Pro Forma Condensed Combined Financial Information.” The Business Combination will be accounted for as a reverse recapitalization under U.S. GAAP. Under this method of accounting, NorthView is treated as the “acquired” company for financial reporting purposes. Accordingly, for accounting purposes, the financial statements of New Profusa will represent a continuation of the financial statements of Profusa with the Business Combination being treated as the equivalent of Profusa issuing stock for the net assets of NorthView, accompanied by a recapitalization. The net assets of NorthView will be stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination will be presented as those of Profusa in future reports of New Profusa. The selected unaudited pro forma condensed combined balance sheet data as of December 31, 2024 gives pro forma effect to the Merger and other events contemplated by the Merger Agreement as if it had occurred on December 31, 2024. The selected unaudited pro forma condensed combined statement of operations data for the year ended December 31, 2024 gives pro forma effect to the Merger and other events contemplated by the Merger Agreement as if it had occurred on January 1, 2024. The selected pro forma information has been derived from, and should be read in conjunction with, the unaudited pro forma condensed combined financial information of Profusa appearing elsewhere in this proxy statement/prospectus and the accompanying notes, in