Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 186

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 186
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 (iii) the Sponsor (and its affiliates) will own approximately 13.6% of the outstanding New Profusa Common Stock, (iv) the Profusa senior secured convertible noteholders will own, collectively, approximately 14.1% of the outstanding New Profusa Common Stock, and (v) other stockholders will own approximately 19.1% of the outstanding New Profusa Common Stock, in each case, on a fully diluted net exercise basis. These indicative levels of ownership interest would amount to approximately 47.1%, 6.1%, 13.6%, 14.1% and 19.1%, respectively, assuming the maximum redemption scenario. If the actual facts are different than these assumptions, the ownership percentages in New Profusa will be different. Sponsor and Profusa’s Participating Security Holders have agreed to forfeit or contribute an aggregate of up to 1,300,000 Inducement Shares, with Sponsor and Profusa contributing up to 1,040,000shares and 260,000shares, respectively, in connection with fundraising efforts. In addition, Profusa employees, directors and consultants hold, and after the Business Combination, may be granted, equity awards and/or purchase rights under the Equity Incentive Plan. You will experience additional dilution when those equity awards and purchase rights become vested and settled or exercisable, as applicable, for shares of New Profusa Common Stock. The issuance of additional shares of New Profusa Common Stock will significantly dilute the equity interests of existing holders of NorthView securities and may adversely affect prevailing market prices for New Profusa Common Stock or public warrants. Having a minority ownership interest in New Profusa may reduce the influence that NorthView’s current public stockholders have on the management of New Profusa. The Sponsor and the Profusa shareholders will beneficially own a significant equity interest in NorthView and may take actions that conflict with your interests. The interests of the Sponsor and the Profusa shareholders may not align with the interests of NorthView and its other stockholders. The Sponsor and the Profusa shareholders are each in the business of making investments in companies and may acquire and hold interests in businesses that compete directly or indirectly with NorthView. The Sponsor and the Profusa shareholders, and their respective affiliates, may also pursue acquisition opportunities that may be complementary to NorthView’s business and, as a result, those acquisition opportunities may not be available to us. The Proposed Charter provides that certain parties or any of their managers, officers, directors, equity