Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 141

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 141
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 Common Stock and NorthView
exchanged the Profusa Common Stock for 4,170,932 shares of New Profusa, on an as converted price of $0.34 per share. The Exchange Ratio
and the Company Reference Share Value were $0.94 and $9.40, respectively.

The outstanding principal balance of
the Profusa Senior Secured Convertible Promissory Notes and all accrued but unpaid interest converted into Profusa Common Stock and NorthView
exchanged the Profusa Common Stock for 5,542,261 shares of New Profusa, an as converted price of $0.50 per share.

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| ● | On August 25, 2025, the Company entered into Amendment No. 1 (the “SPA Amendment”)                                                             
 to the PIPE Subscription Agreement. Pursuant to the SPA Amendment, Section 2.1 of the PIPE Subscription Agreement was amended and restated     
 to provide for four tranches of Notes: (i) an initial closing for Notes in an aggregate principal amount of $10,000,000 (the “First            
 Tranche”), which already occurred in July 11, 2025; (ii) a second closing for Notes in an aggregate principal amount of $2,222,222             
 (the “Second Tranche”) for a purchase price of $2,000,000, subject to the satisfaction of certain conditions including                         
 the filing of a registration statement on Form S-1 covering all conversion shares and no Nasdaq listing deficiency; (iii) a third closing      
 for Notes in an aggregate principal amount of $5,555,556 (the “Third Tranche”) for a purchase price of $5,000,000,                             
 subject to the satisfaction of certain conditions including the full conversion or repayment of the First Tranche, effectiveness of a          
 registration statement, no Nasdaq listing deficiency, and receipt of stockholder approval; and (iv) a fourth closing for Notes in an aggregate 
 principal amount of $4,444,444 (the “Fourth Tranche”) for a purchase price of $4,000,000, subject to the satisfaction                          
 of certain conditions including the full repayment of the First and Second Tranches, at least fifty percent (50%) repayment or conversion      
 of the Third Tranche, effectiveness of a registration statement, and no Nasdaq listing deficiency. The Amendment supersedes and replaces       
 all prior provisions relating to “Additional Closings” and “Additional Notes,” and all