Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 336

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 336
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 as a result of the exchange unless one of the exceptions described below in “— Tax C onsequences of Ownership and Disposition of New Profusa Common Stock Received by Holders of Profusa Common Stock in the Merger — Non -U .S. Holders” applies. Tax Consequences of Ownership and Disposition of New Profusa Common Stock Received by Holders of Profusa Common Stock in the Merger U.S. Holders Distributions on New Profusa Common Stock If New Profusa pays distributions to U.S. holders of shares of New Profusa Common Stock, such distributions generally will constitute dividends for U.S. federal income tax purposes to the extent paid from New Profusa’s current or accumulated earnings and profits, as determined under U.S. federal income tax principles. Distributions in excess of current and accumulated earnings and profits will constitute a return of capital that will be applied against and reduce (but not below zero) the U.S. holder’s adjusted tax basis in New Profusa Common 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