Company: PFSA
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088333
Chunk: 368

Company: Profusa, Inc.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 368
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 Note”) for a purchase price of $ 9,000,000, reflecting a 10% OID. The Initial Note matures on the date that is 18 -monthsfrom the Closing and is convertible at any time at the Investor’s option at a conversion price equal to the lower of $ 10or 95% of the lowest daily volume -weightedaverage price per share of the post -combinationcompany common stock in the 10trading days prior to the original issue date of the Initial Note and shall be adjusted, without limitation, based on down -roundand most -favorednation (MFN) price and terms protections (the “Conversion Price”). F-99 NORTHVIEW ACQUISITION CORPORATION
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 5 — Related Party Transactions (cont.) Related Party Loans In order to finance transaction costs in connection with an intended initial Business Combination, the initial stockholders or an affiliate of the initial stockholders or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (the “Working Capital Loans”). If the Company completes the initial Business Combination, the Company would repay such loaned amounts out of the proceeds of the Trust Account released to the Company. Otherwise, such loans would be repaid only out of funds held outside the Trust Account. Up to $ 1,500,000of such loans may be convertible, at the option of the lender, into warrants at a price of $ 1.00per warrant of the post Business Combination entity. The warrants would be identical to the Private Placement Warrants, including as to exercise price, exercisability and exercise period. At June 30, 2025 and December 31, 2024, the Company had no borrowings under the Working Capital Loans, other than the Note described in “Note 5 — Related Party Transactions — Convertible Promissory Note — Related Party”. Administrative Service Fee Commencing on the effective date of the IPO, the Company began paying its Sponsor a total of $ 5,000per month for office space, utilities, secretarial support and other administrative and consulting services. As of June 30, 2023, the Company and the Sponsor terminated this agreement. For the three and six months ended June 30, 2025 and 2024, $ 0had been incurred and billed relating to the administrative service fee, respectively. As of June 30,