Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 351

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 351
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 with a proposed business combination transaction. The Company shall pay to A.G.P. a cash fee (the “Cash Fee”) equal to 9.0% in a convertible note offering, note, or other similar equity-linked offerings, and shall be calculated from the face value of notes issued, which is payable at the close of a Business Combination. If the Business Combination does not successfully close, A.G.P. will not be entitled to any cash fee. Note 7 — Stockholders’ Deficit Preferred stock— The Company is authorized to issue 1,000,000shares of preferred stock with a par value of $ 0.0001and with such designations, rights and preferences as may be determined from time to time by the Company’s board of directors. As of December 31, 2024 and 2023, there was nopreferred stock issued or outstanding. Common Stock— The Company is authorized to issue a total of 100,000,000shares of common stock at par value of $ 0.0001each. In April 2021, the Company issued 5,175,000shares of common stock to its Sponsor for $ 25,000, or approximately $ 0.005per share. In October 2021, the Sponsor irrevocably surrendered to the Company for cancellation and for no consideration 862,500shares of common stock. On December 20, 2021, the Company effected a 1. 1-for-1 stock dividend of its common stock, resulting in an aggregate of 4,743,750Founder Shares issued and outstanding. On December 22, 2021, the Company has also issued 450,000shares (Representative’s Shares) of common stock (which included 37,500Representative Shares issued pursuant to the full exercise of the over-allotment option) at the consummation of the IPO to I-Bankers and Dawson James (and/or their designees). As of December 31, 2024 and 2023, there were 5,193,750shares of common stock issued and outstanding, excluding 687,519and 833,469shares of common stock subject to redemption, respectively. Common stockholders of record are entitled to onevote for each share held on all matters to be voted on by stockholders. Unless specified in the Company’s amended and restated certificate of incorporation or bylaws, or as required by applicable provisions of the DGCL or applicable stock exchange rules,