Company: PFSA
Filing Date: 2025-04-28
Form Type: S-4/A
Source: 0001213900-25-035718
Chunk: 244

Company: Profusa, Inc.
Filing Date: 2025-04-28
Form: S-4/A
Chunk 244
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 Convertible Notes in the aggregate principal amount of $5,555,555 for a purchase price of $5,000,000 (reflecting a 10% OID). (c)The PIPE Investors, at their sole discretion, may put to New Profusa and thereby require New Profusa to sell an additional PIPE Convertible Note having an aggregate principal amount of $4,444,444 at a purchase price of $4,000,000 (reflecting a 10% OID) to be purchased at any time within 12 months of the Initial Closing. Material Effects of the Business Combination and the PIPE Subscription Agreement The following material benefits and detriments from the Business Combination and PIPE Subscription Agreement are expected to affect (i) NorthView and its affiliates, (ii) the Sponsor and its affiliates, (iii) Profusa and its affiliates, and (iv) the Public Stockholders. This information is provided pursuant to Item 1605(c) of Regulation S -K, as promulgated under the Securities Act. NorthView and its affiliates.For NorthView, the Business Combination represents the opportunity to complete the purpose for which it was formed. The only potential detriment to NorthView of the Business Combination is the opportunity cost -thatby consummating the Business Combination, NorthView is foregoing the opportunity to consummate a business combination transaction with another entity that theoretically could be of greater value to NorthView than Profusa. However, NorthView’s board considered the benefits of the transaction with Profusa and determined such transaction was the best transaction available to it at such time. The PIPE Subscription Agreement benefits New Profusa by providing it with additional capital that could fund operations and growth following the Business Combination. Sponsor and its affiliates.For NorthView’s Sponsor, the principal material benefit represented by the Business Combination is that unless the Business Combination (or another initial business combination transaction) is consummated by NorthView prior to the business combination deadline pursuant to its Existing Charter, the Sponsor 118 will lose its entire $5,187,500 investment in NorthView (including $25,000 paid for Founder Shares, and $5,162,500 for Private Placement Warrants), plus the amount loaned to NorthView, which such investment is described in greater detail in the section of this proxy statement/prospectus entitled “ Proposal 1 — The Business Combination Proposal — Interests of Certain Persons in the Business Combination and Conflicts of Interest”. The PIPE Subscription Agreement benefits New Profusa by providing it with additional capital that could fund operations and growth, and