Company: PFSA
Filing Date: 2025-08-21
Form Type: S-1/A
Source: 0001213900-25-079401
Chunk: 381

Company: Profusa, Inc.
Filing Date: 2025-08-21
Form: S-1/A
Chunk 381
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 years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The Company adopted ASU 2023 -07, which was applied retrospectively to all prior periods presented. See Note 9 for further details regarding this adoption.

F-96 NORTHVIEW ACQUISITION CORPORATION
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 2 — Significant Accounting Policies (cont.) Standards not yet Adopted In December 2023, the FASB issued ASU No. 2023 -09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023 -09”), which will require the Company to disclose specified additional information in its income tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. ASU 2023 -09will also require the Company to disaggregate its income taxes paid disclosure by federal, state and foreign taxes, with further disaggregation required for significant individual jurisdictions. ASU 2023 -09will become effective for annual periods beginning after December 15, 2024. The Company is still reviewing the impact of ASU 2023 -09. Management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s condensed consolidated financial statements. Note 3 — Initial Public Offering Public Units On December 22, 2021, the Company sold 18,975,000Units, (which included 2,475,000Units issued pursuant to the full exercise of the over -allotmentoption) at a purchase price of $ 10.00per Unit. Each unit that the Company is offering has a price of $ 10.00and consists of oneshare of common stock, one right, and one -halfof one redeemable warrant. Each right entitles the holder thereof to receive one -tenth(1/10) of oneshare of common stock upon the consummation of an initial business combination. Each whole warrant entitles the holder thereof to purchase oneshare of common stock at a price of $ 11.50per share, subject to adjustment as described herein. Public Warrants Each whole warrant entitles the holder to purchase oneshare of common stock at a price of $ 11.50per share, subject to adjustment as discussed herein. In