Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 529

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 529
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 a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The Company’s financial instruments are classified as either Level1, Level 2 or Level 3. These tiers include:

•Level1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets;

•Level2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and

•Level3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

The following tables present information about the Company’s assets and liabilities that are measured at fair value on September 30, 2024 and December 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

|                                                  |     |   | September 30, 
          2024 |     |   |    Quoted 
    Prices 
 In Active 
   Markets 
 (Level 1) |     |   | Significant 
       Other 
  Observable 
      Inputs 
   (Level 2) |     |   |  Significant 
        Other 
 Unobservable 
       Inputs 
    (Level 3) |
|:-------------------------------------------------|:----|:--|--------------:|:----|:--|----------:|:----|:--|------------:|:----|:--|-------------:|
| Assets:                                          |     |   |               |     |   |           |     |   |             |     |   |              |
| Cash and marketable securities held in trust     |     | $ |     8,697,288 |     | $ | 8,697,288 |     | $ |           — |     | $ |            — |
| Liabilities:                                     |     |   |               |     |   |           |     |   |             |     |   |              |
| Warrant liabilities – Public Warrants            |     | $ |       355,781 |     |