Company: PFSA
Filing Date: 2025-02-18
Form Type: PRE 14A
Source: 0001213900-25-014919
Chunk: 6

Company: Profusa, Inc.
Filing Date: 2025-02-18
Form: PRE 14A
Chunk 6
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 stockholders”
and such shares as “public shares”) may elect to redeem all or a portion of their public shares even if they vote for, or
do not vote on, the Extension Proposal. If such stockholders elect to redeem, the redemption will be for a per-share price, payable in
cash, equal to the aggregate amount then on deposit in the Company’s trust account (the “Trust Account”), including
interest (which interest shall be net of taxes payable), divided by the number of then outstanding public shares. We refer to the election
to redeem public shares in connection with the Extension Proposal as the “Election.” If the Extension Proposal is approved
by the requisite vote of stockholders, holders of public shares who do not make the Election will retain their right to redeem their public
shares when the business combination is submitted to the stockholders for approval, subject to any limitations set forth in our charter
as amended by the Extension Amendment. In addition, public stockholders who do not make the Election would be entitled to have their public
shares redeemed for cash if the Company has not completed a business combination by the Extended Date.

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Simultaneous with the closing of our IPO, we completed the sale of
an aggregate of 7,347,500 private placement warrants in a private placement to our Sponsor, I-Bankers Securities, Inc., and Dawson
James Securities, Inc.

Our Sponsor, its affiliates and our independent directors collectively
own 4,743,750 shares of our common stock that were issued prior to our IPO, which shares we refer to as “Founder Shares.”
The Founder Shares and an additional 450,000 shares (“Representative Shares”) owned by affiliates of I-Bankers Securities,
Inc. and Dawson James Securities, Inc., the underwriters in our IPO (the “Representatives”), are not subject to redemption
pursuant to the Election.

We will not proceed with the Extension Amendment if (i) the NTA Amendment
Proposal is not approved, and (ii) the public shareholder redemptions would cause NorthView’s net tangible assets to be below $5,000,001.

To exercise your redemption rights, you must demand that the Company redeem your public shares for a pro rata portion of the funds held in the Trust Account, and tender your shares to the Company’s transfer agent at least two business days prior to the Special Meeting (or March 14, 2025). The redemption rights include the requirement that a