Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 341

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 341
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 intended to be requested, from the IRS as to the U.S. federal income tax consequences of the Merger. Consequently, no assurance can be given that the IRS will not assert, or that a court would not sustain, a position contrary to any of those set forth below. Because holders of shares of NorthView Common Stock do not exchange their shares of NorthView Common Stock in the Merger, holders of NorthView Common Stock are not expected to recognize any gain or loss under U.S. federal income tax laws in the event the Merger fails to qualify as a “reorganization” within the meaning of Section 368 of the Code. If the Merger qualifies as a reorganization, NorthView and Profusa are not expected to recognize any gain or loss under U.S. federal income tax laws. U.S. Holders of Profusa Common Stock If the Merger qualifies as a reorganization, the U.S. holder of Profusa Common Stock will generally not recognize any gain or loss as a result of the Merger. Pursuant to the Merger, the U.S. holder of Profusa Common Stock will receive shares of New Profusa Common Stock in exchange for its shares of Profusa Common Stock. The U.S. holder of Profusa Common Stock’s tax basis in the shares of New Profusa Common Stock received in the Merger will be the same as its tax basis in the shares of Profusa Common Stock surrendered in the Merger in exchange therefor. The holding period of the shares of New Profusa Common Stock received in the Merger by the U.S. holder of Profusa Common Stock will include the holding period of the shares of Profusa Common Stock surrendered in Merger in exchange therefor. 174 If the Merger fails to qualify as a reorganization within the meaning of Section 368(a) of the Code, then the U.S. holder of Profusa Common Stock would recognize gain or loss upon the exchange of its shares of Profusa Common Stock for shares of New Profusa Common Stock equal to the difference between the fair market value, at the time of the exchange, of the New Profusa Common Stock received in the Merger and the U.S. holder of Profusa Common Stock’s tax basis in the shares of Profusa Common Stock surrendered in the Merger. Such gain or loss would be long -termcapital gain or loss if the Profusa Common Stock was held for more than one year at the time of the Merger. In addition, the U.S. holder of Profusa Common