Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 401

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 401
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 that to the extent that
redemptions in connection with the vote to approve the Business Combination reduces the Company’s trust account balance below $1.25 million,
the Investors would offer such redeeming shareholders an opportunity to rescind the redemption of their shares and would instead purchase
such shares. Such purchases would be structured in compliance with the requirements of Rule 14e-5 under the Exchange Act or
would otherwise not constitute a tender offer pursuant to the Exchange Act. As of the Closing Date, the Company’s trust
account balance was not below $1.25 million.

On June 9, 2025, the Company
held a special meeting of stockholders. At the meeting, the Company’s stockholders approved the Merger Agreement and the actions
and transactions contemplated thereby, including (i) adopt an amended and restated Certificate of Incorporation, to be effective
upon closing of the Merger, (ii) approving certain advisory proposals related to the amended and restated Certificate of Incorporation,
(iii) approved the issuance of new shares of the Company’s Common Stock as merger consideration, (iv) elected new directors,
and (v) approved new employee incentive plans. In connection with the meeting, the holders of 52,784 Public Shares properly exercised
their right to redeem, with 5,295,527 shares of Common Stock remaining outstanding after such redemptions.

On July 1, 2025, the Company
filed an amendment to its Certificate of Incorporation (the “Amendment”) to extend the date by which the Company must consummate
a business combination or, if it fails to do so, cease its operations and redeem or repurchase 100% of the shares of the Company’s
common stock issued in the Company’s initial public offering, from June 22, 2025 to August 22, 2025. Previously, on June 27,
2025, the Company had filed a copy of the Amendment with a date that mistakenly referenced “July 22, 2025” rather than
“August 22, 2025,” however such filing was corrected in connection with the filing of the Amendment on July 1, 2025.
The Company’s stockholders approved the Amendment by a supermajority of at least 65% via written consent on June 27, 2025.

The Company agreed to waive
its right to withdraw up to $100,000 of interest from the Company’s trust account to pay dissolution expenses, should the