Company: PFSA
Filing Date: 2025-08-22
Form Type: S-1/A
Source: 0001213900-25-079829
Chunk: 10

Company: Profusa, Inc.
Filing Date: 2025-08-22
Form: S-1/A
Chunk 10
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 cash or, if at the time of exercise there is no effective registration statement covering the resale of the Commitment Warrant Shares, on a cashless basis. If we do not require Ascent to purchase any shares under the Purchase Agreement on or before the 100 thday following the execution of such agreement, the number of Commitment Warrant Shares underlying the Commitment Warrants will be reduced to 450,000. In addition, we have agreed to reimburse Ascent for the reasonable legal fees and disbursements of Ascent’s legal counsel in connection with the transactions contemplated by the Purchase Agreement and the Registration Rights Agreement in an amount not to exceed $30,000 upon our execution of the Purchase Agreement and Registration Rights Agreement. The Purchase Agreement and the Registration Rights Agreement contain customary representations, warranties, conditions, and indemnification obligations of the parties. Copies of the agreements have been filed as exhibits to the registration statement that includes this prospectus and are available electronically on the SEC’s website at www.sec.gov. Because the per share purchase price that Ascent will pay for Purchase Shares in any Purchase that we may elect to effect pursuant to the Purchase Agreement will be determined by reference to the VWAP during the applicable Valuation Period on the applicable Closing Date, as of the date of this prospectus, we cannot determine the actual purchase price per share that Ascent will be required to pay for any Purchase Shares that we may elect to sell to Ascent under the Purchase Agreement from and after Commencement and, therefore, we cannot be certain how many Purchase Shares, in the aggregate, we may issue and sell to Ascent under the Purchase Agreement from and after Commencement. As of July 28, 2025, there were 32,788,877shares of our Common Stock outstanding, of which 26,912,492shares were held by non -affiliatesof our Company. If all of the 8,970,830 Purchase Shares offered for resale by Ascent under this prospectus were issued and outstanding as of the date hereof, such shares would represent approximately 21.5% of the total number of outstanding shares of Common Stock and approximately 25% of the total number of outstanding shares of Common Stock held by non -affiliatesof our Company, in each case as of July 28, 2025. Although the Purchase Agreement provides that we may sell up to $100,000,000 of our Common Stock to Ascent, only 8,070,830 Purchase Shares (in addition