Company: PFSA
Filing Date: 2025-04-03
Form Type: S-4/A
Source: 0001213900-25-028544
Chunk: 188

Company: Profusa, Inc.
Filing Date: 2025-04-03
Form: S-4/A
Chunk 188
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ation of the Merger is subject to a number of conditions and if those conditions are not satisfied or waived, the Merger Agreement may be terminated in accordance with its terms and the Merger may not be completed. The Merger Agreement is subject to a number of conditions which must be fulfilled in order to complete the Merger. For example, the Closing is subject to: (i) the approval of NorthView’s stockholders, (ii) the approval of Profusa’s stockholders, (iii) NorthView’s Form S -4registration statement becoming effective; (iv) the representations and warranties of Profusa, NorthView and Merger Sub being true and correct to the standards applicable to such representations and warranties and each of the covenants of Profusa, NorthView and Merger Sub having been performed or complied with in all material respects, (v) no Material Adverse Effect, (vi) the shares of New Profusa Common Stock issuable in connection with the Business Combination being listed on the Nasdaq Stock Market, and (vii) NorthView having cash on hand (inclusive of proceeds from certain permitted financings) of at least $15,000,000 (after deducting any amounts paid to NorthView stockholders that exercise their redemption rights in connection with the Business Combination and net of certain transaction expenses incurred or subject to reimbursement by the Sponsor). Profusa has conditionally waived the Minimum Cash Amount closing condition, subject to NorthView having sufficient funds to satisfy Nasdaq’s initial listing requirements as of the Closing. These conditions to the Closing may not be fulfilled in a timely manner or at all, and, accordingly, the Business Combination may not be completed. In addition, the parties can mutually decide to terminate the Merger Agreement at any time, before or after stockholder approval, or NorthView or Profusa may elect to terminate the Merger Agreement in certain other circumstances. See section entitled “ The Merger Agreement — Termination”. Termination of the Business Combination could negatively impact NorthView and Profusa. If the Business Combination is not completed for any reason, including as a result of NorthView or Profusa shareholders declining to approve the proposals required to effect the Merger or failure to restructure transaction costs, the ongoing business of NorthView may be adversely impacted and, without realizing any of the anticipated benefits of completing the Business Combination, NorthView would be subject to a number of risks, including the following: •NorthView may experience negative reactions from the financial markets, including negative impacts on its stock price (including