Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 262

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 262
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 of the lock -upshares releasing six months after closing, and 25% of the lock -upshares releasing nine months after closing. • Customary Representations and Warranties. 130 On November 3, 2022, a NorthView Board meeting was called in order to formally approve the Merger Agreement, and the Merger Agreement was executed on November 7, 2022. On September 12, 2023, the parties to the Merger Agreement entered into an Amendment No. 1 to the Merger Agreement (“Amendment No. 1 to the Merger Agreement”) pursuant to which the parties agreed to revise the revenue earnout milestones to reflect the Updated Projections, as described below. Specifically, Amendment No. 1 revised the definition of “Milestone Event III” and “Milestone Event IV” such that one -quarterof the Earnout Shares would be issued to Profusa shareholders if the combined company achieves Earnout Revenue of $11,864,000 for the fiscal year ended December 31, 2024, and one -quarterof the Earnout Shares would be issued to Profusa shareholders if the combined company achieves Earnout Revenue of $99,702,000 for the fiscal year ended December 31, 2025. On September 13, 2023, NorthView filed a Current Report on Form 8 -Kregarding Amendment No. 1 to the Merger Agreement with the SEC. On January 12, 2024, the parties to the Merger Agreement entered into an Amendment No. 2 to the Merger Agreement (“Amendment No. 2 to the Merger Agreement”) pursuant to which the parties agreed to revise the definition of “Milestone Event III” and such that the Earnout Revenue milestone of $11,864,000 for the fiscal year ended December 31, 2024, was replaced with a milestone of consummating the APAC Joint Venture and receipt of the related funding (as described elsewhere in this proxy statement/prospectus) during the fiscal year ended December 31, 2024. On January 22, 2024, NorthView filed a Current Report on Form 8 -Kregarding Amendment No. 2 to the Merger Agreement with the SEC. On March 4, 2024, the parties to the Merger Agreement entered into an Amendment No. 3 to the Merger Agreement (“Amendment No. 3 to the Merger Agreement”) pursuant to which