Company: PFSA
Filing Date: 2025-07-18
Form Type: 8-K
Source: 0001213900-25-065686
Chunk: 18

Company: Profusa, Inc.
Filing Date: 2025-07-18
Form: 8-K
Item: Item 2.03
Chunk 18
---
  (1)      Includes 366,886 shares held by Samantha Chiu, the spouse of Ben Hwang, Ph. D.  

  (2)      Consists of (i) 288,407 shares and 37,983 shares issuable upon exercise of warrants held directly by Mr. Knechtel and (ii) shares and   

  (3)      Consists of shares and shares issuable upon exercise of warrants held by NorthView Sponsor I, LLC, of which Mr. Stover is a manager. Mr.  

  (4)      Consists of 4,033,530 shares and 4,625,122 shares issuable upon exercise of warrants. The business address of NorthView Sponsor, LLC is 207 West 25 th St, 9 th Floor, New York, NY 10001.  

  (5)      The business address of BC hSensor Limited is P. O. Box 4301, Road Town,                                                                                                                              
  (6)      Comprised of 3,008,510 shares                                                                                                                                                                         

Directors and Executive Officers

Information with
respect to the Company’s directors and executive officers immediately after the Closing, including biographical information regarding
these individuals, is set forth in the Proxy Statement in the section entitled “ Management of New Profusa After the Business Combination”
beginning on page 292, which information is incorporated herein by reference.

At the special meeting, NorthView’s
shareholders elected the following individuals to serve as directors of the Company, effective upon consummation of the Business Combination:

  Lauren Chung was designated as a Class I director whose term expires at the first annual meeting of stockholders                      

  Jack Stover and Peter O’ Rourke were designated as Class II directors whose terms expire at the second                               

  Ben Hwang and Rajesh Asarpota were designated as Class III directors whose terms expire at the third annual                       

Director Independence

Nasdaq
listing rules require that a majority of the board of directors of a company listed on Nasdaq be composed of “independent directors,”
which is defined generally as a person other than an officer or employee of the company or its subsidiaries or any other individual having
a relationship, which, in the opinion of the company’s board of directors, would interfere with the director’s exercise of
independent judgment in carrying out the responsibilities of a director. The Company’s Board has determined that each of Peter O’ Rourke,
Rajesh Asorp