Company: PFSA
Filing Date: 2025-08-11
Form Type: S-1
Source: 0001213900-25-073872
Chunk: 267

Company: Profusa, Inc.
Filing Date: 2025-08-11
Form: S-1
Chunk 267
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 involves claims that may be made against the Company in the future, but that have not yet been made. To date, the Company has not paid any claims; however, the Company may record charges in the future as a result of these indemnification obligations. The Company is currently defending one litigation with a vendor. Management has accrued estimated incremental legal costs which totals less than $ 0.1million related to the matter.

Note 7 — Convertible Preferred Stock

Under the Company’s Amended and Restated Certificate of Incorporation, as amended, the Company is authorized to issue two classes of shares: preferred and common stock. The preferred stock is issuable in series, and the Company’s Board of Directors is authorized to determine the rights, preferences, and terms of each series. Under the Company’s Articles of Incorporation, as amended, the Company is authorized to issue shares of convertible preferred stock at a par value of $.

Convertible preferred stock as of December 31, 2024 and December31, 2023 consisted of the following:

|                |     |     Shares 
 Authorized |     |       Share 
  Issued and 
 Outstanding |     | Liquidation 
 Preference  |        |     | Carrying 
 Amount   |        |     | Original    
 Issue Price |      |
|:---------------|:----|-----------:|:----|------------:|:----|:------------|-------:|:----|:---------|-------:|:----|:------------|-----:|
| New Series A   |     |  4,350,314 |     |   4,350,314 |     | $           |  5,307 |     | $        |  5,231 |     | $           | 1.22 |
| New Series B   |     |  5,293,175 |     |   5,293,175 |     | $           | 13,815 |     | $        | 13,701 |     | $           | 2.61 |
| New Series C   |     |  7,358,151 |     |   6,670,703 |     | $           | 37,623 |     | $        | 37,476 |     | $           | 5.64 |
| New Series C-1 |     |  1,549,742 |     |   1,549,742 |     | $           |  7,439