Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 170

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 170
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 the Public NorthView Holders experience a negative rate of return on their investments in NorthView and New Profusa. •Fred Knechtel is currently expected to continue as Chief Financial Officer of New Profusa, and certain other NorthView officers and directors could potentially continue as officers and/or directors of New Profusa if the Business Combination is completed. 75

•Because the Sponsor and the NorthView directors will benefit from the completion of a business combination, they may be incentivized to recommend and complete a business combination of a less favorable target company or on terms less favorable to NorthView stockholders, rather than liquidate NorthView. •NorthView would be unable to indemnify its current directors and officers or continue to provide directors’ and officers’ liability insurance unless the Business Combination is completed. •Each of NorthView’s officers and directors has fiduciary or contractual obligations to other entities pursuant to which such officer or director is required to present business combination opportunities to such entity. In general, officers and directors of a corporation incorporated under the laws of the State of Delaware are required to present business opportunities to a corporation if the corporation could financially undertake the opportunity; the opportunity is within the corporation’s line of business; and it would not be fair to NorthView and its stockholders for the opportunity not to be brought to the attention of the corporation. Accordingly, if any of NorthView’s officers or directors becomes aware of a business combination opportunity which is suitable for an entity to which he or she has then -currentfiduciary or contractual obligations, he or she is obligated to honor his or her fiduciary or contractual obligations to present such opportunity to such entity. NorthView’s Amended and Restated Certificate of Incorporation provides that the doctrine of corporate opportunity will not apply with respect to any of NorthView’s officers or directors in circumstances where the application of the doctrine would conflict with any fiduciary duties or contractual obligations they may have. Though NorthView does not believe that the elimination of the corporate opportunity doctrine in its Amended and Restated Certificate of Incorporation impacted the search for an acquisition target, the competing fiduciary duties or contractual obligations of its officers or directors may have limited the business combination opportunities considered by NorthView and may have adversely impacted the value that may ultimately be realized by its stockholders. Below is a table summarizing the entities to which NorthView’s executive officers and directors have fiduciary duties or contractual obligations:

| Individual     |     | Entity                                                   |     | Position at affiliated entity |
| Jack Stover