Company: PFSA
Filing Date: 2025-08-21
Form Type: S-1/A
Source: 0001213900-25-079401
Chunk: 344

Company: Profusa, Inc.
Filing Date: 2025-08-21
Form: S-1/A
Chunk 344
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 warrants would be identical to the Private Placement Warrants, including as to exercise price, exercisability and exercise period. At December 31, 2024 and 2023, the Company had no borrowings under the Working Capital Loans, other than the Note described in “Note 5 — Related Party Transactions — Convertible Promissory Note — Related Party”. Administrative Service Fee Commencing on the effective date of the IPO, the Company began paying its Sponsor a total of $ 5,000per month for office space, utilities, secretarial support and other administrative and consulting services. As of June 30, 2023, the Company and the Sponsor terminated this agreement. For the year ended December31, 2024, $ 0had been incurred F-72 NORTHVIEW ACQUISITION CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 5 — Related Party Transactions (cont.) and billed relating to the administrative service fee, respectively. For the year ended December31, 2023, $ 30,000had been incurred and billed relating to the administrative service fee. As of December 31, 2024 and 2023, $ 50,000relating to the administrative service fee was not paid and recorded as due to related party. Advances from Profusa During the year ending December31, 2024, Profusa agreed to advance funds to the Company to pay for operating expenses. As of December31, 2024, there was $ 791,407owed to Profusa, which is due upon demand or at the completion of the Business Combination. Note 6 — Commitments and Contingencies Registration Rights The holders of the Founder Shares, the Private Placement Warrants and warrants that may be issued upon conversion of Working Capital Loans (and any underlying securities) are entitled to registration rights pursuant to a registration rights agreement signed on the closing date of the IPO requiring the Company to register such securities for resale. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable Lock -upperiod described in Note 5. The Company will bear the expenses incurred in connection with the filing of any such registration statements