Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 260

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 260
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, an independent registered public accounting firm, as stated in their report, which includes an explanatory paragraph as
to the Company’s ability to continue as a going concern, which is included in this prospectus. Such financial statements have been
included herein in reliance on the report of said firm given upon their authority as experts in accounting and auditing.

<div align='center'>WHERE YOU CAN FIND MORE INFORMATION</div>

We are subject to the reporting
and information requirements of the Exchange Act and, as a result, will file periodic and current reports, proxy statements and other
information with the SEC. We make our periodic reports and other information filed with or furnished to the SEC, available, free
of charge, through our website as soon as reasonably practicable after those reports and other information are filed with or furnished
to the SEC. Additionally, these periodic reports, proxy statements and other information will be available for inspection and copying
at the public reference room and SEC’s website at www.sec.gov. You may read and copy any document that we file at the SEC’s
public reference room located at 100 F Street, NE, Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information
on the public reference rooms. SEC filings are also available to the public at the SEC’s website referred to above.

<div align='center'>154

PROFUSA, INC.
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
CONTENTS

Profusa, Inc.</div>

| Profusa, Inc. Financial Statements as of and for the years ended December 31, 2024 and 2023 |     | Page       |
|:--------------------------------------------------------------------------------------------|:----|:-----------|
| Report of Independent Registered Public Accounting Firm (PCAOB ID 

# 688)                    |     | F-2        |
| Consolidated Financial Statements:                                                          |     |            |
| Consolidated Balance Sheets                                                                 |     | F-3        |
| Consolidated Statements of Operations and Comprehensive Loss                                |     | F-4        |
| Consolidated Statements of Convertible Preferred Stock and Stockholders’ Deficit            |     | F-5        |
| Consolidated Statements of Cash Flows                                                       |     | F-6        |
| Notes to Consolidated Financial Statements                                                  |     | F-7 – F-29 |

| Condensed Consolidated Financial Statements:                                                                                                                     |     |             |
| Condensed Consolidated Balance Sheets                                                                                                                            |     |