Company: PFSA
Filing Date: 2025-02-27
Form Type: PRER14A
Source: 0001213900-25-017608
Chunk: 6

Company: Profusa, Inc.
Filing Date: 2025-02-27
Form: PRER14A
Chunk 6
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 the proposed transactions (the “Business Combination”) contemplated by that certain Merger Agreement and
Plan of Reorganization (as amended, the “Merger Agreement”), by and among NorthView, NV Profusa Merger Sub Inc., a Delaware
corporation and a direct, wholly-owned, subsidiary of NorthView (“Merger Sub”), and Profusa, Inc., a California corporation
(“Profusa”).

In connection with the Extension Proposal, stockholders who own shares
of our common stock issued in our initial public offering (“IPO”) (we refer to such stockholders as “public 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