Company: PFSA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004396
Chunk: 786

Company: Profusa, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 786
---
599,914 

    Cash flows from financing activities: 

    Proceeds from convertible promissory note 
     797,981  
     1,121,815 
  
    Advance from Profusa 
     791,407  
     — 
  
    Redemption of common stock 
     (3,248,878) 
     (184,845,836)
  
    Net cash used in financing activities 
     (1,659,490) 
     (183,724,021)

    Net change in cash 
     11,685  
     (188,967)
  
    Cash, beginning of the year 
     4,519  
     193,486 
  
    Cash, end of the year 
    $16,204  
    $4,519 
  
    Supplemental disclosure of cash flow information: 

    Income taxes paid, inclusive of interest and penalties 
    $173,727  
    $912,437 
  
    Excise tax payable attributable to redemption of common stock 
    $16,838  
    $1,864,106 
  
    Accretion of common stock to redemption value 
    $768,980  
    $2,137,638 
  
    Reclassification of common stock subject to redemption to common stock to be redeemed 
    $—  
    $1,565,078 

The
accompanying notes are an integral part of the consolidated financial statements.

F-6

Note
1 – Description of Organization and Business Operations

NorthView
Acquisition Corporation (the “Company” or “Northview”) is a blank check company incorporated in Delaware on April
19, 2021. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization
or similar business combination with one or more businesses (“Business Combination”). The Company has identified a target
company for a business combination and is consummating the acquisition of Profusa.

The
Company has a wholly-owned subsidiary, NV Profusa Merger Sub Inc. (“Merger Sub”), a Delaware corporation incorporated on
October 13, 2022, formed solely in contemplation of the Merger with Profusa (See Note 6). Merger Sub has not commenced any operations
and has only nominal assets and no liabilities or contingent liabilities, nor any outstanding commitments other than in connection with
the Merger