Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 145

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 145
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 of proceeds received 
 from additional paid-in capital to accumulated deficit.                                            |

| R. | Represents issuance of shares in New Profusa upon conversion of Northview’s convertible loan at                                            
 the Closing of the Merger. The balance of the note was $1,919,796, which was fair value adjusted on the balance sheet to $10,288,111 is    
 included in the pro forma at the current balance as no interest accrues on this note and was converted into 863,908 shares of New Profusa, 
 at an as converted price of $2.22 per share.                                                                                               |

| S. | Reflects the impact from the warrants issued to Ascent according to the ELOC Registration Rights Agreement. 
 The warrants are equity classified and recorded at their fair value on the agreement date.                  |

| T. | Reflects the cash received and the shares issued from the ELOC facility,                                                                
 assuming additional 42,211,548 shares issued at the floor price of $0.14 per share for approximately $5.9 million additional financing, 
 plus the 8,970,830 previously registered shares assuming an average conversion price using the VWAP rate on August 26, 2025 of $0.4743  
 per share.                                                                                                                              |

87 Transaction Accounting Adjustments to Unaudited Pro Forma Condensed Combined Statements of Operations The Transaction Accounting Adjustments included in the unaudited pro forma condensed combined statements of operations for the six months ended June 30, 2025 and the year ended December 31, 2024 are as follows:

| AA. | Represents the elimination of investment income related to the investments held in the NorthView Trust 
 Account.                                                                                               |

| CC. | Represents the income tax impact on the elimination of investment income related to the investments held 
 in NorthView’s Trust Account.                                                                            |

| DD. | Represents elimination of the changes in the fair value of Northview’s convertible loan upon the 
 closing of the Business Combination.                                                             |

| GG. | Represents issuance of the Milestone Earnout Rights and Profusa Inducement Recoupment Earnout Rights to                                 
 the equity holders of Profusa, which are treated as dividend distributions and recorded in additional paid-in capital. Earnout right    
 represents a right to receive shares in future upon meeting certain earnout targets. The issuance date fair values of Milestone Earnout 
 Rights and Profusa Inducement Recoupment Earnout Rights was determined using Monte Carlo Simulation approach. The Company