Company: PFSA
Filing Date: 2025-04-03
Form Type: S-4/A
Source: 0001213900-25-028544
Chunk: 342

Company: Profusa, Inc.
Filing Date: 2025-04-03
Form: S-4/A
Chunk 342
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 U.S. federal income or withholding tax in respect of gain realized on a sale, taxable exchange or other taxable disposition of New Profusa Common Stock, unless: •the gain is effectively connected with the conduct of a trade or business by the Non -U.S. holder within the United States (or if a tax treaty applies are attributable to a United States permanent establishment or fixed base maintained by the Non -U.S. holder); •The Non -U.S. holder is an individual present in the United States for 183 days or more in the taxable year of disposition and certain other conditions are met; or •New Profusa is or has been a “United States real property holding corporation” for U.S. federal income tax purposes at any time during the shorter of the five -yearperiod ending on the date of disposition or the period that the Non -U.S. holder held New Profusa Common Stock, and, in the case where shares of New Profusa Common Stock are regularly traded on an established securities market, the Non -U.S. holder has owned, directly or constructively, more than 5% of New Profusa Common Stock at any time within the shorter of the five -yearperiod preceding the disposition or such Non -U.S. holder’s holding period for the shares of New Profusa Common Stock. There can be no assurance that New Profusa Common Stock will be treated as regularly traded on an established securities market for this purpose. Unless an applicable tax treaty provides otherwise, gain described in the first bullet point above will be subject to tax at generally applicable U.S. federal income tax rates as if the Non -U.S. holder were a U.S. resident. Any gains described in the first bullet point above of a Non -U.S. holder that is a foreign corporation may also be subject to an additional “branch profits tax” at a 30% rate (or lower treaty rate). Gain described in the second bullet point above will generally be subject to a 30% U.S. federal income tax rate. If the third bullet point above applies to a Non -U.S. holder, gain recognized by such holder on the sale, exchange or other disposition of New Profusa Common Stock will be subject to tax at generally applicable U.S. federal income tax rates. In addition, a buyer of New Profusa Common Stock from such holder may be required to 175 withhold U.S. federal income tax at a rate of 15% of the amount realized upon such disposition. New Profusa will be classified as a