Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 411

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 411
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 at a bank.

During the six months
ended June 30, 2025, pursuant to the trust agreement dated as of December 20, 2021 between the Company and Continental Stock
Transfer & Trust Company (“CST”), the trustee of the Trust Account, $78,813 of interest income from the Trust Account
was withdrawn by the Company for the payment of franchise and income taxes.

During the six months
ended June 30, 2024, pursuant to the trust agreement dated as of December 20, 2021 between the Company and Continental Stock
Transfer & Trust Company (“CST”), the trustee of the Trust Account, $204,460 of interest income from the Trust Account
was withdrawn by the Company for the payment of franchise and income taxes.

Cash

|      |     |   | Fair Value 
      as of 
   June 30, 
       2025 |     |   |   Fair Value 
        as of 
 December 31, 
         2024 |
|:-----|:----|:--|-----------:|:----|:--|-------------:|
| Cash |     | $ |  1,935,561 |     | $ |    8,330,835 |

On December 21, 2023,
the Company held a special meeting of stockholders to vote on extending the Combination Period. As a result, the Company extended the
Combination Period from December 22, 2023 to March 22, 2024, which was later extended to March 22, 2025. In connection
with the extension voted on December 21, 2023, 140,663 shares of the Company’s common stock were redeemed. In January 2024,
$1,565,078 was paid from the Trust Account to redeeming stockholders in connection with the extension. As a result, the Company recorded
a liability of $1,565,078 as common stock to be redeemed and reduced common stock subject to possible redemption as of December 31,
2023 on the balance sheet. Additionally, as part of the adjustment of common stock subject to possible redemption, the Company classified
$1,565,078 of the trust account as a current asset on the condensed consolidated balance sheets, which was paid from the Trust Account
in January 2024 to redeeming stockholders.

On March 18, 2025, the
Company commenced a special meeting of stockholders, which was adjourned until