Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 421

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 421
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 their permitted transferees. If the Private Placement Warrants are held by holders other than the initial
purchasers or any of their permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by
the holders on the same basis as the warrants included in the Units being sold in the IPO.

Note 5 — Related Party Transactions

Founder Shares

In April 2021, the Sponsor
paid $25,000, or approximately $0.005 per share, to cover certain of the offering costs in exchange for an aggregate of 5,175,000 shares
of common stock, par value $0.0001 per share (the “Founder Shares”). In October 2021, the Sponsor irrevocably surrendered
to the Company for cancellation and for no consideration 862,500 shares of common stock. On December 20, 2021, the Company effected
a 1.1- for-1 stock dividend of its common stock, resulting in the Sponsor holding
an aggregate of 4,743,750 shares of common stock. The Founder Shares include an aggregate of up to 618,750 shares subject to forfeiture
if the over-allotment option is not exercised by the underwriters in full. On December 22, 2021, the over-allotment option was fully
exercised and such shares are no longer subject to forfeiture.

<div align='center'>F-97

NORTHVIEW ACQUISITION CORPORATION
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 5 — Related Party Transactions
(cont.)

The Sponsor has agreed not to transfer, assign
or sell any of their Founder Shares until the earlier to occur of: (A) one year after the completion of the initial Business Combination
or (B) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction after the initial
Business Combination that results in all of the Company’s public stockholders having the right to exchange their shares of common
stock for cash, securities or other property (the “Lock-up”). Notwithstanding the foregoing, if the last sale price of the
Company’s common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations
and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the