Company: PFSA
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088333
Chunk: 286

Company: Profusa, Inc.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 286
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 for the six months ended June 30, 2025 and 2024 was $ million and $ million, respectively.

As of June 30, 2025, future minimum payments for the convertible notes payable were as follows (in thousands):

|                                 |     | Convertible 
 Notes       |        |   |     | Tasly       
 Convertible 
 Debt        |       |   |     | Senior 
 Notes  |        |   |
|:--------------------------------|:----|:------------|-------:|:--|:----|:------------|------:|:--|:----|:-------|-------:|:--|
| As of June 30, 2025             |     | $           | 19,603 |   |     | $           | 2,287 |   |     | $      | 26,003 |   |
| Total future payments           |     |             | 19,603 |   |     |             | 2,287 |   |     |        | 26,003 |   |
| Less: fair value remeasurement  |     |             |      — |   |     |             |   451 |   |     |        |      — |   |
| Less: unamortized debt discount |     |             |      — |   |     |             |     — |   |     |        |  1,967 |   |
| Less: interest                  |     |             |    (70 | ) |     |             |  (195 | ) |     |        |    (75 | ) |
| Total convertible notes payable |     | $           | 19,533 |   |     | $           | 2,543 |   |     | $      | 27,895 |   |

F-43

PROFUSA, INC. AND SUBSIDIARY
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED) Note 5 — Debt (cont.)

These notes were converted into New Profusa common stock upon the successful closing of the merger on July 11, 2025; see subsequent events (Note 14).

Promissory Notes

In a series of transactions during 2010 and 2011 two of the Company’s founders provided $ million to the Company to fund general corporate purposes in exchange for promissory notes. The notes accrue interest annually at a simple interest rate of % with no