Company: PFSA
Filing Date: 2025-02-18
Form Type: PRE 14A
Source: 0001213900-25-014919
Chunk: 15

Company: Profusa, Inc.
Filing Date: 2025-02-18
Form: PRE 14A
Chunk 15
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 consummate a business combination for up to three additional months at the election of the Company, ultimately
until as late as June 22, 2025 (the “Extended Date”), to allow the Company more time to complete its initial business combination
(the “Extension Proposal”).

The purpose of this proposal is to allow the Company additional time
to complete an initial business combination. The Board believes that, given the Company’s expenditure of time, effort and money
on finding a business combination, circumstances warrant providing public stockholders an opportunity to consider a business combination.

If the Extension Proposal is approved, commencing on or before March
22, 2025, our Sponsor, or its designees, in their sole discretion, may provide us with loans each month to extend monthly for up to three
additional months in the amount equal to the lesser of (a) $10,000, and (b) $0.04 for each redeemable public share that is not redeemed
in connection with this Special Meeting for each of the three subsequent calendar months commencing on March 22, 2025, that is needed
by us to complete an initial business combination. Assuming the Extension Proposal is approved, each monthly contribution will be deposited
in the Trust Account on or before the 22 day of such calendar month.

The contributions are conditioned upon the implementation of the Extension
Proposal. The contributions will not occur if the Extension Proposal is not approved or the Extension is not completed. The amount of
the contributions will not bear interest and will be repayable by the Company to our Sponsor or its designees upon consummation of an
initial business combination. If our Sponsor or its designees advises the Company that it does not intend to make the contributions, then
the Extension Proposal will not be put before the stockholders at the Special Meeting and, unless the Company can complete a business
combination by March 22, 2025, we will dissolve and liquidate in accordance with the amended and restated certificate of incorporation.
Our Sponsor or its designees will have the sole discretion whether to continue extending for additional calendar months until the
Extended Date and if our Sponsor determines not to continue extending for additional calendar months, its obligation to make additional
contributions will terminate.

A copy of the proposed amendment to the charter of the Company is attached
to this Proxy Statement as .

The Company’s public stockholders will have an opportunity to
have their public shares redeemed in accordance with the Company’s charter either upon enactment of the Extension Amendment or,