Company: PFSA
Filing Date: 2025-04-28
Form Type: S-4/A
Source: 0001213900-25-035718
Chunk: 699

Company: Profusa, Inc.
Filing Date: 2025-04-28
Form: S-4/A
Chunk 699
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, Inc. (“I-Bankers”), and Dawson James Securities, Inc. (“ Dawson James ”) entered into those certain Private Placement Warrants Purchase Agreements, pursuant to which the Sponsor, I-Bankers and Dawson James purchased an aggregate of 7,347,500 warrants (the “ Private Placement Warrants ”) at a price of $1.00 per warrant in a private placement transaction occurring simultaneously with the closing of the Company’s initial public offering on December 22, 2021; WHEREAS , in order to finance the Company’s transaction costs in connection with an intended initial Business Combination (as defined below), the Sponsor, an affiliate of the Sponsor or certain officers and directors of the Company may loan to the Company funds as the Company may require, of which up to $1,500,000 of such loans may be convertible into warrants (the “ Working Capital Warrants ”) at a price of $1.00 per warrant at the option of such lender; and WHEREAS , concurrently with the execution and delivery of this Agreement, the Company, NV Profusa Merge Sub, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“ Merger Sub ”) and Profusa, Inc., a California corporation (“ Target ”), have entered into that certain Merger Agreement and Plan of Reorganization (the “ Merger Agreement ”), pursuant to which, among other things, Merger Sub will merge with and into Target, with Target being the surviving corporation as a wholly-owned subsidiary of the Company (the “ Merger ”); WHEREAS , the Company is party to certain convertible notes (the “ Convertible Notes ”), which, among other things, are convertible into the Parent Common Stock as of the Closing of the Merger Agreement pursuant to Section 3.01(b)(v) thereof; WHEREAS , concurrently with the execution and delivery of this Agreement, the Sponsor, I-Bankers, Dawson James and certain other Holders are entering into a lock-up agreement with the Company (the “ Lock-Up Agreement ”) pursuant to which, among other things, the Sponsor, I-Bankers, Dawson James and such Holders have agreed not to transfer shares of Common Stock (including shares of Common Stock issued or issuable upon the exercise or conversion of the Private Placement Warrants) for a certain period of time following the Closing, subject to certain exceptions specified therein; Annex A-63 WHEREAS , as of the date hereof, each of the Existing Holders holds the number of shares of Common Stock and