Company: PFSA
Filing Date: 2025-04-28
Form Type: S-4/A
Source: 0001213900-25-035718
Chunk: 250

Company: Profusa, Inc.
Filing Date: 2025-04-28
Form: S-4/A
Chunk 250
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 -Bankersand Dawson James are entitled to receive a fee 121 (the “Business Combination Marketing Fee”) from NorthView in connection with the Business Combination in an amount equal to an aggregate of $2,000,000 payable in cash. This fee is payable only in the event that the Business Combination closes. The aggregate amount would render the effective Business Combination Marketing Fee for the shares of in excess of the funds in the Trust Account in any redemption scenario. As the Business Combination Marketing Fee exceeds the funds available in the Trust Account, the Company is expected to use proceeds from the PIPE Subscription Agreement to pay a portion of the business combination marketing fee at the closing of the business combination. Financial Advisory Arrangement with HCW HCW acted as Profusa’s financial advisor in connection with the Merger and will receive a transaction fee in connection with the Merger of $1,000,000, payable in cash and 132,500 warrants to acquire an aggregate of 132,500shares of New Profusa Common Stock at an exercise price of $0.01 per share (“HCW Warrants”). The Background of the Business Combination NorthView is a blank check company incorporated in the state of Delaware on April 19, 2021 for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. NorthView leveraged its network and the investing and operating experience of its management team, the NorthView Board of Directors and its advisors, to conduct its search for a business combination. The terms of the Business Combination resulted from arm’s -lengthnegotiations between the NorthView Board (including NorthView’s independent directors) and NorthView’s management team, Sponsor and, at various junctures as further described below, Profusa, Profusa’s management team, and their respective advisors. The following is a brief description of the material background of these negotiations, the Business Combination and related transactions. On December 22, 2021, NorthView completed the NorthView Acquisition Corporation’s IPO of 18,975,000 units (the “Units”), which included 2,475,000 Units issued pursuant to the full exercise of the over -allotmentoption granted to the underwriters. Each Unit consists of one share of common stock of the Company, par value $0.0001 per share, one right (the “Rights”), and one -halfof one redeemable warrant of the Company (the “Warrants”). Each Right entitles the