Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 499

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 499
---
 approving all employment agreement and severance arrangements for our executive officers; •making recommendations to our board of directors regarding the compensation of our directors; and •retaining and overseeing any compensation consultants. Upon consummation of the Business Combination, we anticipate that New Profusa’s compensation committee will consist of Rajesh Asarpota (Chair), Lauren Chung, and Peter O’Rourke, each of whom will qualify as independent directors according to the rules and regulations of the SEC and Nasdaq with respect to compensation committee membership, including the heightened independence standards for members of a compensation committee. 294 New Profusa’s Board will adopt a new written charter for the compensation committee, which will be available on New Profusa’s website after adoption. The reference to New Profusa’s website address in this proxy statement/prospectus does not include or incorporate by reference the information on New Profusa’s website into this proxy statement/prospectus. Nominating Committee Our nominating committee will be responsible for, among other things: •identifying individuals qualified to become members of our board of directors, consistent with criteria approved by our board of directors; •overseeing succession planning for our Chief Executive Officer and other executive officers; •periodically reviewing our board of directors’ leadership structure and recommending any proposed changes to our board of directors; •overseeing an annual evaluation of the effectiveness of our board of directors and its committees; and •developing and recommending to our board of directors a set of corporate governance guidelines. Upon consummation of the Business Combination, we anticipate that New Profusa’s nominating committee will consist of Peter O’Rourke (Chair), Jack Stover and Lauren Chung, each of whom will qualify as independent directors according to the rules and regulations of the SEC and Nasdaq with respect to nominating committee membership. New Profusa’s Board will adopt a new written charter for the nominating committee, which will be available on New Profusa’s website after adoption. The reference to New Profusa’s website address in this proxy statement/prospectus does not include or incorporate by reference the information on New Profusa’s website into this proxy statement/prospectus. Risk Oversight Our board of directors is responsible for overseeing our risk management process. Our board of directors focuses on our general risk management strategy, the most significant risks facing us, and oversees the implementation of risk mitigation strategies by management. Our audit committee is also responsible for discussing our policies with respect to risk assessment and risk management. Our board of directors believes its administration of its risk oversight function has not