Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 42

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 42
---
 |     | 1,222,222 |

Q: Will NorthView enter into any financing arrangements in connection with the Business Combination? Yes. Pursuant to the Merger Agreement, NorthView previously agreed to satisfy a $15,000,000 minimum cash requirement, net of NorthView’s transaction expenses, with such funds to be available at the time of Closing, however such condition has since been conditionally waived by Profusa, subject to NorthView having sufficient funds to satisfy Nasdaq’s initial listing requirements as of the Closing. Additionally, on February11, 2025, NorthView executed a Securities Purchase Agreement (the “PIPE Subscription”) with Ascent Partners Fund LLC (together with any party who may become party to the PIPE Subscription Agreement, the “PIPE Investors”). Pursuant to the PIPE Subscription, the PIPE Investors are expected to purchase notes from NorthView in an aggregate principal amount of up to $22,222,222 (the “PIPE Convertible Notes”) for a purchase price of up to $20,000,000, after 10% OID. See section entitled “ Summary of The Proxy Statement/Prospectus — PIPE Transaction” for a summary of the terms of the PIPE agreement with the PIPE Investors. Q:What interests do NorthView’s current officers and directors have in the Business Combination? A:Certain of NorthView’s executive officers and certain non -employeedirectors may have interests in the Business Combination that are different from, or in addition to, the interests of NorthView’s stockholders generally. These interests include the continued service of certain directors of NorthView as directors of the combined company and the indemnification of former NorthView directors and officers by the combined company. In addition, certain of NorthView’s current executive officers and directors have financial interests in the Business Combination that are different from, or in addition to, the interests of NorthView’s stockholders, other than NorthView’s initial stockholders. With respect to NorthView’s executive officers and directors, these interests include, among other things: •NorthView’s amended and restated articles of incorporation provide that if a definitive agreement to consummate a Business Combination has been executed but no Business Combination is consummated before February22, 2025 (as extended monthly, ultimately until as late as March22, 2025, or such later date as may be approved by NorthView’s stockholders), NorthView is required to begin the dissolution process provided for in NorthView’s amended and restated articles of incorporation. In the event of