Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 580

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 580
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-----------------------------------------|:----|:------------------------------------|:--|:----|:--------|:--|:----|:--------|------:|:----|:------|------:|
|                                          |     | Level 1                             |   |     | Level 2 |   |     | Level 3 |       |     | Total |       |
| Liabilities:                             |     |                                     |   |     |         |   |     |         |       |     |       |       |
| Convertible Notes at fair value          |     | $                                   | — |     | $       | — |     | $       | 2,157 |     | $     | 2,157 |
| Total liabilities measured at fair value |     | $                                   | — |     | $       | — |     | $       | 2,157 |     | $     | 2,157 |

F-61

PROFUSA, INC. AND SUBSIDIARY
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED) Note 3 — Fair Value Measurement (cont.) The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial instruments for the nine months ended September 30, 2024 and 2023 (in thousands):

| Fair value as of January 1, 2023                                                                             |     | Tasly convertible 
 debt at fair      
 value             |     — |
|:-------------------------------------------------------------------------------------------------------------|:----|:------------------|------:|
| Issuance of Convertible Notes                                                                                |     |                   | 1,600 |
| Accrued stated interest                                                                                      |     |                   |    43 |
| Change in fair value included in other income and loss on change in the fair value of Tasly convertible debt |     |                   |    39 |
| Fair value as of September 30, 2023                                                                          |     | $                 | 1,682 |
| Fair value as of January 1, 2024                                                                             |     | $                 | 1,714 |
| Issuance of Convertible Notes                                                                                |     |                   |    16 |
| Accrued stated interest                                                                                      |     |                   |   145 |
| Change in fair value included in other income and loss on change in the fair value of Tasly convertible debt |     |                   |   282 |
| Fair value as of September