Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 92

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 92
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 the section titled “Unaudited Pro Forma Condensed Combined Financial Information.” The unaudited pro forma condensed combined financial information is derived from, and should be read in conjunction with, the historical financial statements of NorthView and Profusa and related notes included elsewhere in this proxy statement/prospectus. The selected pro forma information has been presented for informational purposes only and is not necessarily indicative of what New Profusa’s financial position or results of operations actually would have been had the Merger and other events contemplated by the Merger Agreement been completed as of the dates indicated. In addition, the selected pro forma information does not purport to project the future financial position or operating results of New Profusa. The following table presents selected pro forma information after giving effect to the Merger and other events contemplated by the Merger Agreement, presented under two scenarios: •Assuming No Redemption: This presentation assumes that no public stockholders of NorthView exercise redemption rights with respect to their public shares for a pro rata share of the funds in the trust account. •Assuming Maximum Redemption: This presentation assumes NorthView’s public shares are redeemed for their pro rata share of the funds in NorthView’s trust account. This scenario gives effect to NorthView’s public share redemptions of 52,159shares in addition to redemptions previously made in connection with the Extension, such that the remaining trust balance would be $1.25million at the time of the Business Combination, based upon the non -redemptionagreement between NorthView, I -Bankersand Dawson James, whereby the parties agreed that to the extent that redemptions in connection with the vote to approve the Business Combination reduce the Trust Account Balance below $1.25million, I -Bankersand Dawson James would offer such redeeming shareholders an opportunity to rescind the redemption of their shares and would instead purchase such shares. The non -redemptionagreement is included as Exhibit 10.16 to this proxy statement/prospectus and such purchases would be structured in compliance with the requirements of Rule 14e -5under the Exchange Act or would otherwise not constitute a tender offer pursuant to the Exchange Act. The Merger Agreement provides that the obligations of Profusa to consummate the Merger are conditioned on, among other things, that as of the Closing, NorthView will have a minimum of $15.0 million in cash. Profusa has conditionally waived the Minimum Cash Amount closing condition, subject to NorthView having sufficient funds to satisfy Nasdaq’s initial