Company: PFSA
Filing Date: 2025-08-29
Form Type: S-1
Source: 0001213900-25-082672
Chunk: 297

Company: Profusa, Inc.
Filing Date: 2025-08-29
Form: S-1
Chunk 297
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 purchase price per share at each Closing will be equal to 97% of the lowest volume -weightedaverage price (“VWAP”) of the Company’s common stock during the applicable valuation period, subject to a floor price and other adjustments as set forth in the Purchase Agreement. The maximum purchase price at any single Closing is limited to the lower of (a) $ 5.0million or (b) 100% of the average daily traded value of the common stock for the fivetrading days immediately preceding such Closing. F-53 PROFUSA, INC. AND SUBSIDIARY
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED) Note 14 — Subsequent Events (cont.) The net proceeds from sales that the Company makes to Ascent under the Purchase Agreement, will depend on the frequency and prices at which the Company sells shares of Common Stock. We expect that any proceeds received from sales of Common Stock to Ascent will be used solely for the purchase of Bitcoin (which can be used for debt repayment) provided that the Company’s cash balance on the date of the applicable sale exceeds $ 5.0million. If the cash balance is less than $ 5.0million, proceeds to the Company shall be allocated first to bring the balance to $ 5.0million and the remaining proceeds to purchase Bitcoin. As of the filing date of these June 30, 2025 financial statements, the Company has purchased $ 1.0million of Bitcoin as part of the Company’s ongoing treasury strategy. F-54 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Stockholders and Board of Directors of
Northview Acquisition Corporation Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets of Northview Acquisition Corporation (the “Company”) as of December31, 2024 and 2023, the related consolidated statements of operations, changes in stockholders’ deficit and cash flows for each of the two years in the period ended December31, 2024, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December31, 2024 and 2023, and the results of its operations and its cash flows for each of the two years in the period ended December31, 2024, in conformity with accounting principles generally accepted in the United States of America. Explan