Company: PFSA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004396
Chunk: 13

Company: Profusa, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 13
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 each by an additional three months (for a
total of up to 21 months to complete a business combination), subject to the sponsor depositing additional funds into the trust account
as set out below. In connection with a special meeting of NorthView stockholders, held on March 10, 2023, the NorthView stockholders elected
to redeem 18,000,868 public shares of NorthView Common Stock and to extend NorthView’s business combination period monthly, for
up to nine months, from March 22, 2023, ultimately until as late as December 22, 2023. Separately, on December 21, 2023, the NorthView
stockholders elected to redeem 140,663 public shares of NorthView Common Stock in connection with a shareholder meeting, related to the
extension of NorthView’s business combination period monthly, for up to three months, from December 22, 2023, ultimately until as
late as March 22, 2024. Additionally, the NorthView stockholders elected to redeem 95,394 public shares of NorthView Common Stock in connection
with a shareholder meeting on March 21, 2024, related to the extension of NorthView’s business combination period monthly,
for up to six months, from March 22, 2024, ultimately until as late as September 22, 2024. On September 19, 2024,
the NorthView stockholders elected to redeem 50,556 public shares of NorthView Common Stock in connection with the extension of NorthView’s
business combination period monthly, for up to six months, from September 22, 2024, ultimately until as late as March 22,
2025. On March 21, 2025, the NorthView stockholders elected to redeem 532,958 public shares of NorthView Common Stock in connection with
the extension of NorthView’s business combination period from March 22, 2025, until as late as June 22, 2025. At the time of the
stockholder vote on March 21, 2025, NorthView’s stockholders redeemed 9.1% of the total outstanding shares. The aggregate of 18,820,439
public shares redeemed in connection with the Extension represented approximately 77.9% of the total NorthView shares of common stock
outstanding following NorthView’s IPO and approximately 99.2% of the public shares previously outstanding. In