Company: PFSA
Filing Date: 2025-08-29
Form Type: S-1
Source: 0001213900-25-082672
Chunk: 209

Company: Profusa, Inc.
Filing Date: 2025-08-29
Form: S-1
Chunk 209
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 2025, or (ii) the Company’s common stock at a conversion price of $1.92 per share. Profusa elected to apply the fair value option to account for the Tasly Convertible Debt. Accordingly, no features of the Tasly Convertible Debt are bifurcated and separately accounted for. The fair value of the Tasly Convertible Debt was $1.003 million at issuance and $2.5 million as of June30, 2025, respectively. Accrued stated interest on the Tasly Convertible Debt was $0.2 million for the six months ended June30, 2025. Equity Grants to Executive Officers and Directors Profusa has granted stock options to its executive officers and certain directors, as more fully described in the section titled “ Management of Profusa — Executive and Director Compensation.” Director and Executive Officer Compensation Please see the section titled “ Management of Profusa — Executive and Director Compensation” for information regarding the compensation of Profusa’s executive officers and directors. Severance Arrangements Profusa has entered into severance arrangements with certain of its executive officers. For more information regarding these agreements, see the section titled “ Management of Profusa — Executive and Director Compensation of Profusa — Additional Narrative Disclosure — Severance Arrangements.” Indemnification Agreements We entered into new indemnification agreements with each of our directors and executive officers that are not already party to indemnification agreements. The indemnification agreements, our amended and restated certificate of incorporation and our amended and restated bylaws require us to indemnify our directors to the fullest extent not prohibited by Delaware law. Subject to certain limitations, our amended and restated bylaws also require it to advance expenses incurred by the combined company’s directors and officers. 137 NorthView Related Party Transactions Pre-Business Combination Founder Shares In April 2021, our sponsor purchased 5,175,000 founder shares for an aggregate purchase price of $25,000. In October 2021, our sponsor forfeited 862,500 founder shares. On December 20, 2021, we effected a 1.1 -for-1stock dividend of our common stock, resulting in an aggregate of 4,743,750 founder shares (up to 618,750 of which are subject to forfeiture). Our sponsor purchased an aggregate of 5,162,500 private placement warrants, each exercisable to purchase one share of common stock at $11.50 per share, at a price of $1.00 per