Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 370

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 370
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 directors and officers have interests in the Business Combination that may conflict with or be in addition to your interests as a stockholder. See the section entitled “ Proposal 1: The Business Combination Proposal — Interests of Certain Persons in the Business Combination and Conflicts of Interest” for a further discussion of these considerations. 203 PROPOSAL 5 — THE DIRECTOR ELECTION PROPOSAL Overview Assuming the Business Combination Proposal, the Charter Proposal, and the Equity Incentive Plan Proposal are approved at the Special Meeting, we are requesting that stockholders approve and adopt a proposal to elect the individuals below as directors to the New Profusa Board, effective immediately upon the Closing of the Business Combination, with each Class I director serving a term that expires immediately following New Profusa’s annual meeting of stockholders in 2026, each Class II director serving a term that expires immediately following New Profusa’s annual meeting of stockholders in 2027 and each Class III director serving a term that expires immediately following New Profusa’s annual meeting of stockholders in 2028, or, in each case, until their respective successor is duly elected and qualified, or until their earlier resignation, removal or death. We are proposing Lauren Chung to serve as the Class I director, Jack Stover and Peter O’Rourke to serve as Class II directors and Ben Hwang and Rajesh Asarpota to serve as Class III directors. Information regarding each nominee is set forth in the section entitled “ Management of the New Profusa Following the Business Combination”. Vote Required for Approval If a quorum is present, directors are elected by a plurality of the votes cast by the stockholders present in person (which would include presence at a virtual meeting) or represented by proxy at the Special Meeting. This means that the nominees who receive the most affirmative votes will be elected. Votes marked “ FOR” a nominee will be counted in favor of that nominee. Proxies will have full discretion to cast votes for other persons in the event any nominee is unable to serve. Failure to vote by proxy or to vote in person (which would include presence at a virtual meeting) at the Special Meeting, abstentions and broker non -voteswill have no effect on the vote. If the Business Combination Proposal or the Charter Proposals are not approved and the applicable conditions in the Merger Agreement are not waived, the director election proposal will not be presented at the meeting. The Closing is conditioned on the approval of each of the Condition Precedent Proposals. It is important for you to note