Company: PFSA
Filing Date: 2025-08-21
Form Type: S-1/A
Source: 0001213900-25-079401
Chunk: 228

Company: Profusa, Inc.
Filing Date: 2025-08-21
Form: S-1/A
Chunk 228
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 Agreement”) with Ascent. At the closing of the Business Combination and pursuant to the PIPE Subscription Agreement, the Company issued the Initial Note for a purchase price of $9,000,000, reflecting a 10% OID. The Initial Note matures on the Maturity Date and is convertible at any time at the PIPE Investor’s option at a conversion price equal to the lower of $10 or 95% of the lowest daily VWAP of the Common Stock in the 10 trading days prior to the original issue date of the Initial Note and shall be adjusted, without limitation, based on down -roundand most -favorednation price and terms protections. (6)Comprised of 1,863,593shares currently outstanding as of August 1, 2025, 1,000,000 shares issuable upon conversion of the Initial Note, and 570,000 of the Commitment Warrant Shares. The 8,070,830 Purchase Shares and the balance of 330,000 Commitment Warrant Shares are not included in this column because these share issuances are subject to a beneficial ownership limitation of 9.99%. 148 PLAN OF DISTRIBUTION Offer and Resale of Common Stock by the Selling Stockholder ELOC Shares offered by this prospectus are being offered by the Selling Stockholder. The shares may be sold or distributed from time to time by the Selling Stockholder directly to one or more purchasers or through brokers, dealers, or underwriters who may act solely as agents at market prices prevailing at the time of sale, at prices related to the prevailing market prices, at negotiated prices, or at fixed prices, which may be changed. The sale of the shares of ELOC Shares offered by this prospectus could be effected in one or more of the following methods: •ordinary brokers’ transactions; •transactions involving cross or block trades; •through brokers, dealers, or underwriters who may act solely as agents; •“at the market” into an existing market for our Common Stock; •in other ways not involving market makers or established business markets, including direct sales to purchasers or sales effected through agents; •in privately negotiated transactions; or •any combination of the foregoing. In order to comply with the securities laws of certain states, if applicable, the shares may be sold only through registered or licensed brokers or dealers. In addition, in certain states, the shares may not be sold unless they have been registered or qualified for sale in the state or an exemption from the state’s registration or qualification requirement