v3.25.4
Recapitalization (Tables)
 9 Months Ended
Sep. 30, 2025
Recapitalization [Abstract]  
Schedule of Business Combination of Cash Flows and Stockholders Equity

The following table reconciles the elements of the Business Combination to the consolidated statements of cash flows and the consolidated statement of changes in stockholders’ equity:

 

Cash-Trust Account, net of redemptions  $1,276 
Less: transaction costs and professional fees, paid directly from Trust Account   1,274 
Net proceeds received from Trust   2 
Less: private and representative warrant liabilities   (1,193)
Less: related party notes   (41)
Less: related party notes - working capital loan   (2,162)
Less: related party notes - PIPE Subscription Agreement   (3,898)
Less: excise tax payable   (1,953)
Less: accounts payable and accrued expenses   (3,102)
Reverse recapitalization, net  $(12,346)
Schedule of Common Stock to be issued of the Business Combination

The number of shares of Common Stock to be issued following the consummation of the Business Combination were:

 

   Class A
Common
Stock		 
NVAC Public Shares, outstanding prior to the Business Combination   1,357 
Less: Redemption of NVAC Class A Common Stock   (5)
Public shares of NVAC   1,352 
NVAC Founder Shares, outstanding prior the Business Combination   53,780 
NVAC Representative Shares converted to Class A Common shares   6,000 
NVAC Shares from Rights converted to Class A common shares   25,300 
Business Combination shares     
Profusa Shares   114,584 
Issuance of shares in connection with PIPE   38,691 
Conversion of notes into shares   197,099 
Common Stock immediately after the Business Combination   436,806 
Schedule of Profusa Shares

The number of Profusa Shares was determined as follows:

 

   Legacy
Profusa
Shares		   Profusa
Shares
after
conversion
ratio		 
Preferred Stock   17,863,934    82,377 
Class A Common Stock   74,728    32,209 
Total   17,938,662    114,586