Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 255

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 255
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 incorporation and our bylaws could have the effect of delaying, deferring or discouraging another
person from acquiring control of our Company. These provisions, which are summarized below, are expected to discourage certain types of
coercive takeover practices and inadequate takeover bids and encourage persons seeking to acquire control of our Company to first negotiate
with our board of directors. We believe that the benefits of increased protection of our potential ability to negotiate with an unfriendly
or unsolicited acquirer outweigh the disadvantages of discouraging a proposal to acquire our Company because negotiation of these proposals
could result in an improvement of their terms.

Section 203 of the DGCL

We are subject to the provisions
of Section 203 of the DGCL regulating corporate takeovers. In general, Section 203 prohibits a publicly held Delaware corporation
from engaging in a “business combination” with an “interested stockholder” for a three-year period following the
date that this stockholder becomes an interested stockholder, unless the business combination is approved in a prescribed manner. Under
Section 203, a business combination between a corporation and an interested stockholder is prohibited unless it satisfies one of
the following conditions:

| ● | before the stockholder became interested, our board of directors approved either the business combination 
 or the transaction, which resulted in the stockholder becoming an interested stockholder;                 |

| ● | upon consummation of the transaction, which resulted in the stockholder becoming an interested stockholder,                                 
 the interested stockholder owned at least 85% of the voting stock outstanding at the time the transaction commenced, excluding for purposes 
 of determining the voting stock outstanding, shares owned by persons who are directors and also officers, and employee stock plans in       
 some instances, but not the outstanding voting stock owned by the interested stockholder; or                                                |

| ● | at or after the time the stockholder became interested, the business combination was approved by our board                                  
 and authorized at an annual or special meeting of the stockholders by the affirmative vote of at least two-thirds of the outstanding voting 
 stock, which is not owned by the interested stockholder.                                                                                    |

Section 203 defines a
business combination to include:

| ● | any merger or consolidation involving the corporation and the interested stockholder; |

| ● | any sale, transfer, lease, pledge or other disposition involving the interested stockholder of 10% or 
 more of the assets of the corporation;                                                                |

| ● | subject to exceptions, any transaction that results in the issuance of