Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 574

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 574
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 time, the Company may have certain contingent liabilities that arise in the ordinary course of its business activities. The Company accrues a liability for such matters when it is probable that future expenditures will be 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; however, the Company may record charges in the future as a result of these indemnification obligations. The Company is currently defending one litigation with a vendor. Management has accrued estimated incremental legal costs which totals less than $0.1million related to the matter. 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 18,551,382shares of convertible preferred stock at a par value of $0.0001. Convertible preferred stock as of December 31, 2024 and December31, 2023 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 |     | $