Company: PFSA
Filing Date: 2025-08-29
Form Type: S-1
Source: 0001213900-25-082672
Chunk: 216

Company: Profusa, Inc.
Filing Date: 2025-08-29
Form: S-1
Chunk 216
---
Third Tranche”) for a purchase price of $5,000,000; and (iv) a fourth closing for Notes in an aggregate principal amount of $4,444,444 (the “Fourth Tranche”) for a purchase price of $4,000,000. Concurrently, on August 25, 2025, the Company entered into Amendment No. 1 (the “Note Amendment”) to the Initial Note. The Note Amendment revises the conversion price provisions on any conversion date to be the lower of (i) the Conversion Price on such date and (ii) ninety -fivepercent (95%) of the lowest daily volume weighted average price (“VWAP”) for the Company’s common stock during the ten consecutive trading days immediately preceding the applicable conversion date (the “Alternate Conversion Price”), provided that in no event shall the conversion price be less than the Floor Price of twenty percent (20%) of the closing sale price of the common stock on the principal trading market on the trading day immediately preceding the Note Amendment’s effective date, which was August 22, 2025. (5)Consists of 2,730,788shares currently outstanding as of August 28, 2025 and 874,451 Commitment Warrant Shares. The balance of 25,549 Commitment Warrant Shares and all Conversion Shares are not included in this column because these share issuances are subject to a beneficial ownership limitation of 9.99%. (6)Consists of the 900,000 Commitment Warrant Shares. 141 PLAN OF DISTRIBUTION Offer and Resale of Conversion Shares by Ascent This prospectus relates to the offer and sale of up to 222,222,222 Conversion Shares by Ascent (including its donees, pledgees, transferees and other successors -in-interest) named in this prospectus. We will not receive any proceeds from any sale by Ascent of the Conversion Shares being registered for sale hereunder. We will bear all costs, expenses and fees in connection with the registration of the Common Stock offered by this prospectus, including, without limitation, all registration and filing fees, fees and expenses of our counsel and fees and expenses of our independent registered public accountants. Ascent will bear all incremental selling expenses, including commissions, brokerage fees and other similar selling expenses. Ascent may offer and sell, from time to time, some or all of the Conversion Shares to which this prospectus relates in part. As used herein, “Ascent” includes done