Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 399

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 399
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arrants            |     | $ |      379,500 |     | $ |         — |     | $ |     379,500 |     | $ |            — |
| Warrant liabilities – Private Placement Warrants |     |   |      293,900 |     |   |         — |     |   |           — |     |   |      293,900 |
| Warrant liabilities – Representative’s Warrants  |     |   |       22,770 |     |   |         — |     |   |           — |     |   |       22,770 |
| Convertible Promissory Note – Related Party      |     |   |    8,908,052 |     |   |         — |     |   |           — |     |   |    8,908,052 |
| Total                                            |     | $ |    9,604,222 |     | $ |         — |     | $ |     379,500 |     | $ |    9,224,722 |

The Public Warrants, the Private
Placement Warrants and the Representative’s Warrants were accounted for as liabilities in accordance with ASC 815-40 and are
presented within liabilities on the condensed consolidated balance sheets. The warrant liabilities are measured at fair value at inception
and on a recurring basis, with changes in fair value presented within change in fair value of warrant liabilities in the condensed consolidated
statements of operations.

F-104 NORTHVIEW ACQUISITION CORPORATION
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 8 — Fair Value Measurements(cont.)

The Company utilized a Monte
Carlo simulation model for the initial valuation of the Public Warrants. The subsequent measurement of the Public Warrants at June 30,
2025 and December 31, 2024 was classified as Level 2 due to the lack of an active market. As of June 30, 2025 and December 31,
2024, the aggregate value of Public Warrants was $ and $, respectively.

The Company uses a Monte Carlo
simulation model to value the Private Placement Warrants and the Representative’s Warrants. The Private Placement Warrants and the
Representative’s Warrants were classified within Level 3 of the fair value hierarchy due to the use of unobservable inputs. Inherent
in pricing models are assumptions related to expected share-price volatility, expected life and risk-free interest rate. The