Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 344

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 344
---
 shares of New Profusa Common Stock and, to the extent such distribution exceeds the Non -U.S. holder’s adjusted tax basis, as gain realized from the sale or other disposition of the common stock, which will be treated as described below under “— Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of New Profusa Common Stock” below. In addition, if New Profusa determines that New Profusa is classified as a “United States real property holding corporation” (see “— Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of New Profusa Common Stock” below), New Profusa will withhold 15% of any distribution that exceeds its current and accumulated earnings and profits. Dividends New Profusa pays to a Non -U.S. holder that are effectively connected with the Non -U.S. holder’s conduct of a trade or business within the United States (or if a tax treaty applies are attributable to a United States permanent establishment or fixed base maintained by the Non -U.S. holder) will generally not be subject to U.S. withholding tax, provided such Non -U.S. holder complies with certain certification and disclosure requirements (usually by providing an applicable IRS Form W -8). Instead, such dividends will generally be subject to U.S. federal income tax as if the Non -U.S. holder were a U.S. resident, subject to an applicable tax treaty providing otherwise. A Non -U.S. corporation receiving effectively connected dividends may also be subject to an additional “branch profits tax” imposed at a rate of 30% (or a lower treaty rate). Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of New Profusa Common Stock A Non -U.S. holder generally will not be subject to U.S. federal income or withholding tax in respect of gain realized on a sale, taxable exchange or other taxable disposition of New Profusa Common Stock, unless: •the gain is effectively connected with the conduct of a trade or business by the Non -U.S. holder within the United States (or if a tax treaty applies are attributable to a United States permanent establishment or fixed base maintained by the Non -U.S. holder); •The Non -U.S. holder is an individual present in the United States for 183 days or more in the taxable year of disposition and certain other conditions are met; or •New Profusa is or has been a “United States real property holding corporation” for U.S. federal income tax