Company: PFSA
Filing Date: 2025-07-18
Form Type: 8-K
Source: 0001213900-25-065686
Chunk: 26

Company: Profusa, Inc.
Filing Date: 2025-07-18
Form: 8-K
Chunk 26
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 the terms and subject to the conditions set forth in the Sponsor Support
Agreement.

The foregoing description
of the Sponsor Support Agreement is not complete and is qualified in its entirety by reference to the text of such document, which is
filed as Exhibit 10.2 hereto and incorporated herein by reference.

Lock-Up Agreement

In connection with the Closing,
NorthView, the NorthView Initial Stockholders and certain Profusa shareholders entered into a Lock-Up Agreement, pursuant to which the
New Profusa Common Stock issued to the NorthView Initial Stockholders in exchange for shares of NorthView Common Stock that constituted
founder shares will be locked-up for 8 months after the Closing Date, subject to earlier release on (i) the last consecutive trading day
where the sale price of New Profusa Common Stock equals or exceeds $12.50 per share for any 20 trading days within any 30-trading day
period commencing at least 180 days after the Closing or (ii) such date on which New Profusa completes a liquidation, merger, stock exchange
or other similar transaction that results in all of New Profusa’s stockholders having the right to exchange their shares of New
Profusa Common Stock for cash, securities or other property. Separately, certain New Profusa shareholders are subject to a lock-up agreement
in connection with the PIPE Subscription Agreement, as described further below.

The foregoing description
of the Lock-Up Agreement is not complete and is qualified in its entirety by reference to the text of such document, which is filed as
Exhibit 10.3 hereto and incorporated herein by reference.

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Business Combination Marketing Agreement and Engagement Letter

NorthView previously engaged
I-Bankers and Dawson James as advisors to assist in holding meetings to discuss the potential business combination and the target business’
attributes, introduce NorthView to potential investors that are interested providing funding in connection with a Business Combination,
assist NorthView in obtaining stockholder approval for such business combination and assist NorthView with its press releases and public
filings in connection with such business combination. In connection with such engagement, NorthView agreed to pay I-Bankers and Dawson
James an aggregate cash fee (the “Business Combination Fee”) for such services upon the consummation of a business combination
in an amount equal to 3.68% of the gross proceeds of its initial public offering (exclusive of any applicable finders’ fees which
might become payable). NorthView had also