Company: PFSA
Filing Date: 2025-04-28
Form Type: S-4/A
Source: 0001213900-25-035718
Chunk: 348

Company: Profusa, Inc.
Filing Date: 2025-04-28
Form: S-4/A
Chunk 348
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 Common Stock are issued upon exercise of the NorthView Public Warrants, in exchange for $109.1 million in proceeds. (6)Assumes that 7,916,750shares of New Profusa Common Stock are issued upon exercise of the NorthView Private Placement Warrants (including 569,250 Representative Warrants), in exchange for $91.0 million in proceeds. (7)Assumes that 7,916,750shares of New Profusa Common Stock are issued upon exercise of the NorthView Private Placement Warrants (including 569,250 Representative Warrants), in exchange for $91.0 million in proceeds and 9,487,500shares of New Profusa Common Stock are issued upon exercise of the NorthView Public Warrants, in exchange for $109.1 million in proceeds. (8)Excludes 5,193,750shares of New Profusa Common Stock held by Sponsor and its affiliates, and assumes that 17,404,250shares of New Profusa Common Stock are issued upon exercise of the NorthView Public Warrants, in exchange for $200.1 million in proceeds. (9)Assumes that 2,444,444shares of New Profusa Common Stock (in addition to the 1,000,000shares included in the base scenario) are issued at a $5.00 conversion price. A sensitivity analysis with various conversion price assumptions is presented below.

| $2.00                                                   |     | Gross  
 Amount 
 $4.00  |            | $5.00 | Net Cash     
 Amount after 
 10% OID      |      $8.00 |     | Conversion Price 
           $10.00 |     |           |     |           |     |           |     |           |
|:--------------------------------------------------------|:----|:-------|-----------:|:------|:-------------|-----------:|:----|-----------------:|:----|----------:|:----|----------:|:----|----------:|:----|----------:|
| PIPE Investors Convertible Note – Second Tranche Shares |     | $      | 12,222,222 |       | $            | 11,000,000 |     |        6,111,111 |     | 3,055,556 |     | 2,444,444 |     | 1,527,778 |     | 1,222,222 |

180 UNAUDITED PRO FORMA CONDENSED COMBINED FINANC