Company: PFSA
Filing Date: 2025-08-11
Form Type: S-1
Source: 0001213900-25-073872
Chunk: 292

Company: Profusa, Inc.
Filing Date: 2025-08-11
Form: S-1
Chunk 292
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 |     |             |    490 |     |             |    48 |   |     |        |    494 |     |            |  15 |     |     4 |
| Amortization of debt discount and issuance costs |     |             |     30 |     |             |     — |   |     |        |      — |     |            |   — |     |     — |
| Balance at March 31, 2024                        |     |             | 16,836 |     |             | 1,774 |   |     |        | 21,324 |     |            | 864 |     | 1,366 |
| Less: Current portion                            |     |             | 16,836 |     |             | 1,774 |   |     |        | 21,324 |     |            | 864 |     | 1,366 |
| Net of current portion                           |     | $           |      — |     | $           |     — |   |     | $      |      — |     | $          |   — |     |     — |

Convertible Debt

Convertible Notes

The annual effective interest rate of Convertible Notes was estimated from % to % per year for the three months ended March 31, 2025 and % to % per year for the three months ended March 31, 2024. The interest expense for the three months ended March 31, 2025, and 2024 was $ million and $ million, respectively.

As of March 31, 2025 the outstanding balance of convertible notes includes related party convertible notes of $ million.

Tasly Convertible Debt

In June 2023, the Company entered into a short-term loan agreement with a related party under which it may borrow up to $ million, of which $ million was borrowed on June 26, 2023, $ million was borrowed on July 20, 2023, $ million was borrowed on August 15, 2023 and the final $ million was borrowed in February 2024 (the “Convertible debt”).

The loans bears interest at a stated rate of % per annum, % per annum upon default, and originally matured on December 31, 2023. The original maturity date was extended to the earlier of the closing of the Business Combination, or March 31, 2024, subject to the parties’ decision to extend thereafter. The Company is