Company: PFSA
Filing Date: 2025-08-11
Form Type: S-1
Source: 0001213900-25-073872
Chunk: 139

Company: Profusa, Inc.
Filing Date: 2025-08-11
Form: S-1
Chunk 139
---
Includes Sponsor and Representative shares in NorthView and has been reduced by the 710,220 sponsor shares allocated to the senior secured convertible note holders. (2)Includes 8,593,991shares issued to existing Profusa common and preferred shareholders, 6,699,365shares issued to the holders of Profusa’s junior convertible notes and senior convertible notes, and 206,644shares reserved for Profusa option holders. (3)Includes 1,897,500shares issuable pursuant to outstanding NorthView Rights. (4)Represents $1,825,000 of transaction costs paid in shares of New Profusa Common Stock at $10 per share. (5)1,000,000shares issued upon conversion of the $10 million first tranche of the PIPE Investor convertible note facility ($22.22 million total) at $10 per share. (6)Senior secured convertible note which includes 710,220 Sponsor shares that were utilized as inducement shares for the notes. (7)Represents 1,277,502shares issued upon the conversion and exchange of Profusa bridge notes and 2,893,430shares issued in exchange for the shares issued pursuant to the Bridge Note Buyout Agreement. (8)Represents shares from the conversion of the NorthView working capital convertible loan at a $2.22 per share. (9)The Ascent ELOC Commitment shares represent warrants issued for common stock with an exercise price of $0.01 which are highly probable and expected to be exercised The following unaudited pro forma condensed combined balance sheet as of March 31, 2025 and the unaudited pro forma condensed combined statements of operations for the three months ended March 31, 2025 and for the year ended December 31, 2024 are based on the unaudited and audited historical financial statements of NorthView and Profusa. The unaudited pro forma adjustments are based on information currently available, and assumptions and estimates underlying the unaudited pro forma adjustments are described in the accompanying notes. Actual results may differ materially from the assumptions used to present the accompanying unaudited pro forma condensed combined financial information.

83

UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET As of March 31, 2025 (in thousands, except share and per share data)

| ASSETS                                                                                  
 Current assets:                                                                         |     | Profusa, Inc. 
 (Historical)  |        |     | NorthView