Company: PFSA
Filing Date: 2025-04-03
Form Type: S-4/A
Source: 0001213900-25-028544
Chunk: 340

Company: Profusa, Inc.
Filing Date: 2025-04-03
Form: S-4/A
Chunk 340
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 Stock. Any remaining excess will be treated as gain realized on the sale or other disposition of the common stock and will be treated as described below under “— Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of New Profusa Common Stock” below. Dividends New Profusa pays to a U.S. holder that is a taxable corporation generally will qualify for the dividends received deduction if the requisite holding period is satisfied. With certain exceptions (including, but not limited to, dividends treated as investment income for purposes of investment interest deduction limitations), and provided certain holding period requirements are met, dividends New Profusa pays to a non -corporateU.S. holder generally will constitute “qualified dividends” that will be subject to tax at the maximum tax rate accorded to long -termcapital gains. Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of New Profusa Common Stock Upon a sale or other taxable disposition of New Profusa Common Stock, a U.S. holder generally will recognize capital gain or loss in an amount equal to the difference between the amount realized and the U.S. holder’s adjusted tax basis in the applicable New Profusa Common Stock. Any such capital gain or loss generally will be long -termcapital gain or loss if the U.S. holder’s holding period for the New Profusa Common Stock so disposed of exceeds one year. Long -termcapital gains recognized by non -corporateU.S. holders will be eligible to be taxed at reduced rates. The deductibility of capital losses is subject to limitations. Generally, the amount of gain or loss recognized by a U.S. holder is an amount equal to the difference between (i) the sum of the amount of cash and the fair market value of any property received in such disposition and (ii) the U.S. holder’s adjusted tax basis in its New Profusa Common Stock so disposed of. A U.S. holder’s adjusted tax basis in its New Profusa Common Stock generally will equal the U.S. holder’s initial tax basis in New Profusa Common Stock immediately following the Merger, less any distributions on New Profusa Common Stock treated as a return of capital. 174 Non -U .S. Holders Distributions on New Profusa Common Stock In general, any distributions New Profusa makes to a Non -U.S. holder of shares of New Profusa Common Stock, to the extent paid out of our current or accumulated earnings and profits (as determined under U.S. federal income tax principles), will constitute