Company: PFSA
Filing Date: 2025-04-03
Form Type: S-4/A
Source: 0001213900-25-028544
Chunk: 74

Company: Profusa, Inc.
Filing Date: 2025-04-03
Form: S-4/A
Chunk 74
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 NorthView’s IPO. This loan is non -interestbearing, unsecured and was to be due at the earlier of December 31, 2021 or the closing of NorthView’s IPO. On November 5, 2021, NorthView amended the promissory note to increase the principal amount up to $200,000 with a due date at the earlier of April 30, 2022 or the closing of the IPO. Through NorthView’s IPO, the Company borrowed $200,000 under the promissory note and an additional $4,841 was advanced from the Sponsor. These amounts were repaid in full upon the closing of NorthView’s IPO out of the offering proceeds that had been allocated to the payment of offering expenses (other than underwriting commissions). (2)On April 27, 2023, NorthView signed a Convertible Working Capital Promissory Note with the Sponsor for $1,200,000. The Note is non -interestbearing and is due the earlier of the consummation of a business combination or the date of liquidation. The Sponsor may elect to convert all or any portion of the unpaid principal balance of this Note into warrants,

9 at a price of $1.00 per warrant. On January 10, 2024, NorthView’s Board of Directors approved, and NorthView amended the Note to increase the principal amount of the Note that could be drawn on to $1.5 million. The amended and restated Note also allows for the conversion of the outstanding principal balance of the Note to be repaid in shares of NorthView Common Stock at a price of $2.22 per. On May 31, 2024, NorthView’s Board of Directors approved and NorthView entered into a second amendment of its Convertible Working Capital Promissory Note with the sponsor to increase the principal amount of the Note that could be drawn on to $2.5 million. The second amended and restated Note also allows for the conversion of the outstanding principal balance of the Note to be repaid in shares of NorthView Common Stock at a price of $2.22 per share. The Note will be converted at Closing of the Business Combination. (3)On February 11, 2025, NorthView executed a Securities Purchase Agreement (the “PIPE Subscription Agreement”) with Ascent Partners Fund LLC (the “PIPE Investors”). Pursuant to the PIPE Subscription Agreement, the PIPE Investors are expected, subject to the conditions relating to such purchase set forth in