Company: PFSA
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088333
Chunk: 376

Company: Profusa, Inc.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 376
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 result of the Business Combination, the Company paid $ 90,000at the Closing to an advisor for legal services in connection with the issuance of the Convertible Note. Note 7 — Stockholders’ Deficit Preferred stock— The Company is authorized to issue 1,000,000shares of preferred stock with a par value of $ 0.0001and with such designations, rights and preferences as may be determined from time to time by the Company’s board of directors. As of June 30, 2025 and December 31, 2024, there was nopreferred stock issued or outstanding. Common Stock— The Company is authorized to issue a total of 100,000,000shares of common stock at par value of $ 0.0001each. In April 2021, the Company issued 5,175,000shares of common stock to its Sponsor for $ 25,000, or approximately $ 0.005per share. In October 2021, the Sponsor irrevocably surrendered to the Company for cancellation and for no consideration 862,500shares of common stock. On December 20, 2021, the Company effected a 1.1- for - 1stock dividend of its common stock, resulting in an aggregate of 4,743,750Founder Shares issued and outstanding. On December 22, 2021, the Company has also issued 450,000shares (Representative’s Shares) of common stock (which included 37,500Representative Shares issued pursuant to the full exercise of the over -allotmentoption) at the consummation of the IPO to I -Bankersand Dawson James (and/or their designees). As of June 30, 2025 and December 31, 2024, there were 5,193,750shares of common stock issued and outstanding, excluding 101,777and 687,519shares of common stock subject to redemption, respectively. Common stockholders of record are entitled to onevote for each share held on all matters to be voted on by stockholders. Unless specified in the Company’s amended and restated certificate of incorporation or bylaws, or as required by applicable provisions of the DGCL or applicable stock exchange rules, the affirmative vote of a majority of the Company’s common stock that are voted is required to approve any such matter voted on by the stockholders. There is no cumulative voting with respect to the election of directors, with the result that the holders