Company: PFSA
Filing Date: 2025-10-09
Form Type: S-1
Source: 0001213900-25-097860
Chunk: 135

Company: Profusa, Inc.
Filing Date: 2025-10-09
Form: S-1
Chunk 135
---
 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 references to such terms                                
 in the PIPE Subscription Agreement and related documents are to be construed in accordance with the new tranche structure.                     |

| ● | NorthView’s Convertible Working Capital loan will be being converted subsequent to the close of                                           
 the Business Combination in a future registration statement. The principal outstanding of the note was $1,919,796 as of June 30, 2025     
 which has been fair value adjusted on the balance sheet at June 30, 2025 to $10,288,111 which is included in the pro forma at the current 
 balance as no interest accrues on this note and will be converted into 863,908 shares of New Profusa, at an as converted price of         
 $2.22 per share.                                                                                                                          |

| ● | Upon consummation of the Merger the former holders of Profusa’s common stock, senior convertible                                      
 notes, junior convertible