Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 324

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 324
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 Stock.If a redemption of a U.S. holder’s shares of NorthView Common Stock is treated as a sale, as discussed above under the section entitled “ — Redemption of NorthView Common Stock,” a U.S. holder generally will recognize capital gain or loss in an amount equal to the difference between the amount of cash received in the redemption and the U.S. holder’s adjusted tax basis in the shares of NorthView Common Stock redeemed. A U.S. holder’s adjusted tax basis in its NorthView Common Stock generally will equal the U.S. holder’s acquisition cost less any prior distributions paid to such U.S. holder with respect to its shares of NorthView Common Stock treated as a return of capital. Any such capital gain or loss generally will be long -termcapital gain or loss if the U.S. holder’s holding period for the NorthView Common Stock so disposed of exceeds one year. It is unclear, however, whether the redemption rights with respect to the NorthView 164 Common Stock described in this proxy statement/prospectus may suspend the running of the applicable holding period for this purpose. Long -termcapital gains recognized by non -corporateU.S. holders generally will be eligible to be taxed at reduced rates. The deductibility of capital losses is subject to limitations. U.S. holders who hold different blocks of NorthView Common Stock (shares of NorthView Common Stock purchased or acquired on different dates or at different prices) should consult their tax advisors to determine how the above rules apply to them. Non-U.S. Holders This section applies to you if you are a “Non -U.S. holder.” A Non -U.S. holder is a beneficial owner of NorthView Common Stock who, or that, is, for U.S. federal income tax purposes: •a non -residentalien individual, other than certain former citizens and residents of the United States subject to U.S. tax as expatriates; •a foreign corporation; or •an estate or trust that is not a U.S. holder. Taxation of Redemption Treated as a Distribution.If a redemption of a Non -U.S. holder’s shares of NorthView Common Stock is treated as a corporate distribution, as discussed above under the section entitled “ — Redemption of NorthView Common Stock,” the amount of cash received in the redemption generally will constitute a dividend for U.S. federal income tax purposes to the extent paid out of NorthView’s current or accumulated earnings and profits (as determined under U.S. federal income tax principles) and, provided such dividend is