Company: PFSA
Filing Date: 2025-02-27
Form Type: PRER14A
Source: 0001213900-25-017608
Chunk: 16

Company: Profusa, Inc.
Filing Date: 2025-02-27
Form: PRER14A
Chunk 16
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 are conditioned upon the implementation of the Extension
Proposal. The contributions will not occur if the Extension Proposal is not approved or the Extension is not completed. The amount of
the contributions will not bear interest and will be repayable by the Company to our Sponsor or its designees upon consummation of an
initial business combination. If our Sponsor or its designees advises the Company that it does not intend to make the contributions, then
the Extension Proposal will not be put before the stockholders at the Special Meeting and, unless the Company can complete a business
combination by March 22, 2025, we will dissolve and liquidate in accordance with the amended and restated certificate of incorporation.
Our Sponsor or its designees will have the sole discretion whether to continue extending for additional calendar months until the
Extended Date and if our Sponsor determines not to continue extending for additional calendar months, its obligation to make additional
contributions will terminate.

A copy of the proposed amendment to the charter of the Company is attached
to this Proxy Statement as .

The Company’s public stockholders will have an opportunity to
have their public shares redeemed in accordance with the Company’s charter either upon enactment of the Extension Amendment or,
whether or not the Extension Proposal is approved, upon consummation of an initial business combination or in connection with the winding
up of the Company. See “Redemption Rights” below.

Reasons for the Extension Proposal

The Company’s charter provides that the Company has until March
22, 2025, to complete the purposes of the Company, including effecting a business combination under its terms. The purpose of the Extension
Amendment is to allow the Company more time to complete Business Combination contemplated by that certain Merger Agreement by and among
NorthView, Merger Sub, and Profusa.

The Company’s charter provides that the affirmative vote of the
holders of at least 65% of all outstanding shares of common stock, including the Founder Shares, is required to amend the charter to extend
our corporate existence, except in connection with, and effective upon, consummation of a business combination. Because we continue to
believe that a business combination would be in the best interests of our stockholders, and because we do not expect to be able to conclude
a business combination before March 22, 2025, the Board has determined to seek stockholder approval to extend the date by which we have
to complete a business combination until the Extended Date. We intend to hold another stockholder meeting prior to