Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 382

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 382
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       Inputs 
    (Level 3) |
|:-------------------------------------------------|:----|:--|-------------:|:----|:--|-----------:|:----|:--|:------------|:----|:--|-------------:|
| Assets:                                          |     |   |              |     |   |            |     |   |             |     |   |              |
| Cash and marketable securities held in trust     |     | $ |   10,873,406 |     | $ | 10,873,406 |     | $ | —           |     | $ |            — |
| Liabilities:                                     |     |   |              |     |   |            |     |   |             |     |   |              |
| Warrant liabilities – Public Warrants            |     | $ |       85,388 |     | $ |     85,388 |     | $ | —           |     | $ |            — |
| Warrant liabilities – Private Placement Warrants |     |   |       66,128 |     |   |          — |     |   | —           |     |   |       66,128 |
| Warrant liabilities – Representative’s Warrants  |     |   |        5,123 |     |   |          — |     |   | —           |     |   |        5,123 |
| Convertible promissory note                      |     |   |      944,118 |     |   |          — |     |   | —           |     |   |      944,118 |
| Total                                            |     | $ |    1,100,757 |     | $ |     85,388 |     | $ | —           |     | $ |    1,015,369 |

The Public Warrants, the Private
Placement Warrants and the Representative’s Warrants were accounted for as liabilities in accordance with ASC 815-40 and are
presented within liabilities on the consolidated balance sheets. The warrant liabilities are measured at fair value at inception and on
a recurring basis, with changes in fair value presented within change in fair value of warrant liabilities in the consolidated statements
of operations.

The Company utilized a Monte
Carlo simulation model for the initial valuation of the Public Warrants. The subsequent measurement of the Public Warrants at December
31, 2024 was classified as Level 2 due to the lack of an active market.