Company: PFSA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004396
Chunk: 1410

Company: Profusa, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9A
Chunk 1410
---
000 
  
    Net cash used in operating activities 
     (1,296,812) 
     (2,064,860)

    Cash flows from investing activities: 

    Payment of extension fee into Trust Account 
     (485,350) 
     (438,360)
  
    Cash withdrawn from Trust Account in connection with redemption 
     3,248,878  
     184,845,836 
  
    Reimbursement of franchise and income taxes from Trust Account 
     204,459  
     1,192,438 
  
    Net cash provided by investing activities 
     2,967,987  
     185,599,914 

    Cash flows from financing activities: 

    Proceeds from convertible promissory note 
     797,981  
     1,121,815 
  
    Advance from Profusa 
     791,407  
     — 
  
    Redemption of common stock 
     (3,248,878) 
     (184,845,836)
  
    Net cash used in financing activities 
     (1,659,490) 
     (183,724,021)

    Net change in cash 
     11,685  
     (188,967)
  
    Cash, beginning of the year 
     4,519  
     193,486 
  
    Cash, end of the year 
    $16,204  
    $4,519 
  
    Supplemental disclosure of cash flow information: 

    Income taxes paid, inclusive of interest and penalties 
    $173,727  
    $912,437 
  
    Excise tax payable attributable to redemption of common stock 
    $16,838  
    $1,864,106 
  
    Accretion of common stock to redemption value 
    $768,980  
    $2,137,638 
  
    Reclassification of common stock subject to redemption to common stock to be redeemed 
    $—  
    $1,565,078 

The
accompanying notes are an integral part of the consolidated financial statements.

F-6

Note
1 – Description of Organization and Business Operations

NorthView
Acquisition Corporation (the “Company” or “Northview”) is a blank check company incorporated in Delaware on April
19, 2021. The Company was formed for the purpose