Company: PFSA
Filing Date: 2025-08-25
Form Type: 424B3
Source: 0001213900-25-080387
Chunk: 16

Company: Profusa, Inc.
Filing Date: 2025-08-25
Form: 424B3
Chunk 16
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 will sell to Ascent as Purchase Shares under the Purchase Agreement, the purchase price per share that Ascent will pay for Purchase Shares purchased from us under the Purchase Agreement, or the aggregate gross proceeds that we will receive from those purchases by Ascent under the Purchase Agreement. Although the Purchase Agreement provides that we may sell up to an aggregate of $100,000,000 of our Common Stock to Ascent, only 8,970,830 ELOC Shares are being registered under the Securities Act for resale by Ascent under the registration statement that includes this prospectus, which include the 900,000 Commitment Warrant Shares issuable upon exercise of the Commitment Warrants that we issued to Ascent upon our execution of the term sheet relating to the Purchase Agreement on July 20, 2025, as consideration for its commitment to purchase shares of our Common Stock at our direction from time to time under the Purchase Agreement. If it becomes necessary for us to issue and sell to Ascent under the Purchase Agreement more than the 8,070,830 Purchase Shares being registered under the Securities Act for resale by Ascent under the registration statement that includes this prospectus in order to receive aggregate gross proceeds equal to $100,000,000 under the Purchase Agreement, we must first (i) obtain stockholder approval to issue shares of Common Stock in excess of the Exchange Cap under the Purchase Agreement in accordance with applicable Nasdaq rules, unless the average price for all shares of our Common Stock purchased by Ascent under the Purchase Agreement equals or exceeds $0.68 per share, such that the Exchange Cap limitation would not apply under applicable Nasdaq rules, and (ii) file with the SEC one or more additional registration statements to register under the Securities Act the resale by Ascent of any such additional shares of our Common Stock we wish to sell from time to time under the Purchase Agreement, which the SEC must declare effective, in each case before we may elect to sell any additional shares of our Common Stock to Ascent under the Purchase Agreement. Any issuance and sale by us under the Purchase Agreement of a substantial amount of shares of Common Stock in addition to the 8,070,830 ELOC Shares being registered for resale by Ascent under the registration statement that includes this prospectus could cause additional substantial dilution to our stockholders. The number of ELOC 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 sell to Ascent under the Purchase Agreement