Company: PFSA
Filing Date: 2025-07-03
Form Type: PRE 14C
Source: 0001213900-25-061184
Chunk: 17

Company: Profusa, Inc.
Filing Date: 2025-07-03
Form: PRE 14C
Chunk 17
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the Corporation be and they hereby are authorized and directed to deliver a notice of the ratification (the “Ratification Notice”)
of the Corporate Acts to the holders of the Corporation’s capital stock, in accordance with Section 204 of the DGCL.

<div align='center'>9</div>

RESOLVED FURTHER, notwithstanding the
approval of the ratification of the Corporate Acts by stockholders, the Board may abandon the ratification of any or all of the Corporate
Acts without further action of the stockholders.

RESOLVED FURTHER, that nothing herein
shall be deemed an admission that the Corporate Acts ratified pursuant to Section 204 of the DGCL herein are defective, void or voidable
in any manner.

The date of June 27, 2025, or the Record Date,
was the date for determining the stockholders entitled to receive notice of and to vote on the Corporate Actions. The ratification of
the Corporate Actions will be effective on the Effective Date. No further action on the part of stockholders is required to authorize
or effect this Corporate Actions.

<div align='center'>SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</div>

The following table sets forth certain information
with respect to the beneficial ownership of our common stock, as of June 27, 2025, for: (i) each of our named executive officers; (ii)
each of our directors; (iii) all of our current executive officers and directors as a group; and (iv) each person, or group of affiliated
persons, known by us to be the beneficial owner of more than 5% of our outstanding shares of common stock.

Except as indicated in footnotes to this table,
we believe that the stockholders named in this table will have sole voting and investment power with respect to all shares of common stock
shown to be beneficially owned by them, based on information provided to us by such stockholders.

|                                                                 |     | Common Stock |     |               |   |
| Name and Address of Beneficial Owner(1)                         |     |    Number of 
       Shares 
 Beneficially 
     Owned(2) |     |   Approximate 
 Percentage of 
   Outstanding 
        Common 
      Stock(3) |   |
| Jack Stover(4)                                                  |     |    4,743,750 |     |          88.7 | % |
| Fred Knechtel(4)