Company: PFSA
Filing Date: 2025-04-03
Form Type: S-4/A
Source: 0001213900-25-028544
Chunk: 328

Company: Profusa, Inc.
Filing Date: 2025-04-03
Form: S-4/A
Chunk 328
---
 PROPOSAL. 167 MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS The following is a discussion of certain material U.S. federal income tax considerations (i) to U.S. holders and Non -U.S. holders (each as defined below, and together, “holders”) of shares of NorthView Common Stock that elect to have their NorthView Common Stock redeemed for cash if the Business Combination is completed and (ii) of the Merger to holders of shares of Profusa Common Stock, and (iii) following the Business Combination, of the ownership and disposition of New Profusa Common Stock received in the Merger by U.S. holders and Non -U.S. holders of Profusa Common Stock. This discussion applies only to NorthView Common Stock and New Profusa Common Stock that is held as a “capital asset” within the meaning of Section 1221 of the Code for U.S. federal income tax purposes (generally, property held for investment). This discussion is limited to U.S. federal income tax considerations, and does not address estate or any gift tax considerations or considerations arising under the tax laws of any state, local or non -U.S. jurisdiction. This discussion does not describe all of the U.S. federal income tax consequences that may be relevant to holders in light of their particular circumstances, including the alternative minimum tax, the Medicare tax on certain investment income and the different consequences that may apply if holders are subject to special rules under U.S. federal income tax law that apply to certain types of investors, such as: •financial institutions or financial services entities; •broker -dealers; •insurance companies; •dealers or traders subject to a mark -to-marketmethod of accounting; •persons holding NorthView Common Stock as part of a “straddle,” hedge, integrated transaction or similar transaction; •U.S. holders (as defined below) whose functional currency is not the U.S. dollar; •“specified foreign corporations” (including “controlled foreign corporations”), “passive foreign investment companies” and corporations that accumulate earnings to avoid U.S. federal income tax; •U.S. expatriates or former long -termresidents of the United States; •governments or agencies or instrumentalities thereof; •regulated investment companies (RICs) or real estate investment trusts (REITs); •persons that directly, indirectly or constructively own five percent or more (by vote or value) of NorthView Common Stock; •persons who received their shares of NorthView