Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 371

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 371
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 forfeited by the Sponsor upon the closing of the Merger. 195 COMPARATIVE PER SHARE DATA The following table sets forth summary historical comparative share information for NorthView and Profusa, respectively and unaudited pro forma condensed combined per share information of Profusa after giving effect to the Merger and other events contemplated by the Merger Agreement, in each case, presented under the two following scenarios: •Assuming No Redemption: This presentation assumes that no public stockholders of NorthView exercise redemption rights with respect to their public shares for a pro rata share of the funds in the trust account. •Assuming Maximum Redemption: This presentation assumes NorthView’s public shares are redeemed for their pro rata share of the funds in NorthView’s trust account. This scenario gives effect to NorthView’s public share redemptions of 52,159shares in addition to redemptions previously made in connection with the Extension, such that the remaining trust balance would be $1.25million at the time of the Business Combination, based upon the non -redemptionagreement between NorthView, I -Bankersand Dawson James, whereby the parties agreed that to the extent that redemptions in connection with the vote to approve the Business Combination reduce the Trust Account Balance below $1.25million, I -Bankersand Dawson James would offer such redeeming shareholders an opportunity to rescind the redemption of their shares and would instead purchase such shares. The non -redemptionagreement is included as Exhibit 10.16 to this proxy statement/prospectus and such purchases would be structured in compliance with the requirements of Rule 14e -5under the Exchange Act or would otherwise not constitute a tender offer pursuant to the Exchange Act. The Merger Agreement provides that the obligations of Profusa to consummate the Merger are conditioned on, among other things, that as of the Closing, NorthView will have a minimum of $15.0 million in cash. Profusa has conditionally waived the Minimum Cash Amount as a closing condition to the Merger Agreement, subject to has conditionally waived by the Minimum Cash closing condition, subject to NorthView having sufficient funds to satisfy Nasdaq’s initial listing requirements as of the Closing. The pro forma book value information reflects the Merger as if it had occurred on December 31, 2024. The pro forma weighted average shares outstanding and net loss per share information reflect the Merger and other events contemplated by the Merger Agreement as if they had occurred on January 1, 2024