Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 10

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 10
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iliates of our Company. If all of the 42,211,548 Purchase Shares offered for resale by Ascent under this prospectus were issued and outstanding as of the date hereof, such shares would represent approximately 50.3% of the total number of outstanding shares of Common Stock and approximately 54.7% of the total number of outstanding shares of Common Stock held by non-affiliates of our Company, in each case as of October 8, 2025. Although the Purchase Agreement provides that we may sell up to $100,000,000 of our Common Stock to Ascent, only an additional 42,211,548 Purchase Shares are being registered under the Securities Act for resale by Ascent under the registration statement which includes this prospectus. This amount is in addition to the 8,970,830 shares previously registered for resale in our prior registration statement, which was declared effective on August 25, 2025, including 900,000 Commitment Warrant Shares (for which we have not and will not receive any cash consideration). If we were to issue and sell all of such 42,211,548 Purchase Shares to Ascent at an assumed purchase price per share of $0.34, representing the closing sale price of our Common Stock on Nasdaq on October 7, 2025, we would only receive approximately $14.4 million in aggregate gross proceeds from the sale of such Purchase Shares to Ascent under the Purchase Agreement. Depending on the market prices of our Common Stock on the Purchase Dates on which we elect to sell such Purchase Shares to Ascent under the Purchase Agreement, we may in the future need to register under the Securities Act additional shares of our Common Stock for resale by Ascent which, together with the 42,211,548 Purchase Shares included in this prospectus, will enable us to issue and sell to Ascent such aggregate number of shares of Common Stock under the Purchase Agreement as will be necessary in order for us to receive aggregate proceeds equal to Ascent’s $100,000,000 maximum aggregate purchase commitment available to us under the Purchase Agreement. The number of Purchase Shares ultimately offered for resale by Ascent through this prospectus is dependent upon the number of shares of Common Stock, if any, we elect to issue and/or sell to Ascent under the Purchase Agreement from and after the Effective Date. The issuance of our Common Stock to Ascent pursuant to the Purchase Agreement will not affect the rights or privileges of our existing stockholders, except that the