Company: PFSA
Filing Date: 2025-08-21
Form Type: S-1/A
Source: 0001213900-25-079401
Chunk: 132

Company: Profusa, Inc.
Filing Date: 2025-08-21
Form: S-1/A
Chunk 132
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, such that the Exchange Cap limitation would not apply under applicable Nasdaq rules, and (ii) file with the SEC one or more additional registration statements to register under the Securities Act for the offer and resale by Ascent of any such additional shares of our Common Stock we wish to sell from time to time under the Purchase Agreement, which the SEC must declare effective, in each case before we may elect to sell any additional shares of our Common Stock to Ascent under the Purchase Agreement. Any issuance and sale by us under the Purchase Agreement of a substantial amount of shares of Common Stock in addition to the 8,970,830 ELOC Shares being registered for resale by Ascent under the registration statement that includes this prospectus could cause additional substantial dilution to our stockholders. The number of ELOC Shares ultimately offered for resale by Ascent through this prospectus is dependent upon the number of shares of Common Stock, if any, we elect to issue and/or sell to Ascent under the Purchase Agreement from and after the Effective Date. The issuance of our Common Stock to Ascent pursuant to the Purchase Agreement will not affect the rights or privileges of our existing stockholders, except that the economic and voting interests of each of our existing stockholders will be diluted. Although the number of shares of our Common Stock that our existing stockholders own will not decrease, the shares of our Common Stock owned by our existing stockholders will represent a smaller percentage of our total outstanding shares of our Common Stock after any such issuance. 77

The following table sets forth the amount of gross proceeds we would receive from Ascent from our sale of ELOC Shares (which are being registered for resale by Ascent under the registration statement that includes this prospectus) to Ascent as Purchase Shares under the Purchase Agreement at varying purchase prices:

| Assumed Average Purchase Price Per Share |     |        Number of 
       Registered 
         Purchase 
     Shares to be 
        Issued if 
 Full Purchase(1) |     |       Percentage of 
  Outstanding Shares 
 After Giving Effect 
  to the Issuance to 
           Ascent(2) |   |     | Gross Proceeds   
 from the Sale of 
 Purchase Shares  
 to Ascent Under  
 the Purchase     
 Agreement        |              |
|:-----------------------------------------|:----|-----------------:|:----|--------------------:|:--|:----|:-----------------|-------------:|
| $0.25                                    |     |        8,070,830 |     |                19