Company: PFSA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004396
Chunk: 439

Company: Profusa, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 439
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ITEM 1C. CYBERSECURITY 

We have no business operations.
Since our IPO, our sole business activity has been identifying and evaluating suitable acquisition transaction candidates. Therefore,
we have not adopted any cybersecurity risk management program or formal processes for assessing cybersecurity risk, which may make us
susceptible to heightened cybersecurity risk. Our board of directors is generally responsible for the oversight of risks from cybersecurity
threats, if there is any. We have not encountered any cybersecurity incidents since our IPO. 

ITEM 2. PROPERTIES

We currently maintain our
executive offices at 207 West 25th St, 9th Floor, New York, NY 10001. Previously, the cost for this space was included
in the $5,000 per month fee that was paid to an affiliate of one of our officers for office space, utilities, secretarial support and
other administrative and consulting services. In June 2023, the Company terminated the $5,000 fee arrangement but still maintains our
executive office at 207 West 25th St, 9th Floor, New York, NY 10001. We consider our current office space adequate
for our current operations. 

ITEM 3. LEGAL PROCEEDINGS 

To the knowledge of our management, there is no
litigation currently pending or contemplated against us, any of our officers or directors in their capacity as such or against any of
our property. 

ITEM 4. MINE SAFETY DISCLOSURE 

Not applicable.

40

PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information

Our units commenced public
trading on December 20, 2021, under the symbol “NVACU”. Our shares of common stock, rights, and warrants began separate trading
on January 21, 2022, under the symbols “NVAC,” “NVACR,” and “NVACW” respectively, and our units ceased
trading on such separation date. On December 27, 2024, the common stock, rights, and warrants began to be quoted on the OTC Pink
Sheets under the same symbols.

Holders 

As of March 28, 2025, there
were four holders of record for our shares common stock, one holder of record of our rights, and five