Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 256

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 256
---
usa, as well as Company C, which was still in consideration and as a non -exclusiveletter of intent was being negotiated. An update on potential secondary targets, Company E, Company F and Company G was also presented to the Board. •On July25, 2022, NorthView and Company A decided that they would not be able to agree on terms for a proposed transaction, and the parties chose not to proceed in further discussions. The LOI with Company A later expired pursuant to its terms. •From July17, 2022, until on or about August17, 2022, NorthView management, I -Bankers, Profusa management and HCW held various conversations regarding potential financing commitments, as summarized below: •On July18, 2022, a discussion took place between Profusa and a potential debt/equity investor who was focused on intellectual property collateral. This was followed by a call between Ben Hwang of Profusa and NorthView management later that day. 123 •On July19, 2022, the NorthView management team initiated a call with Profusa management to discuss financing options. Later that day, a detailed call was held with Profusa management of Profusa to discuss the engagement of Marshall & Stevens and the information needed to perform the valuation. •On July25, 2022, NorthView management initiated an update call with representatives of I -Bankersand HCW. •On July26, 2022 a brief discussion took place initiated by HCW with potential equity line of credit investors. •On July27, 2022, a meeting took place between NorthView management, the CEO of Profusa and of the law firm Brown Rudnick to discuss intellectual property mapping and strategy. •On August1, 2022, NorthView management held an internal call to evaluate the Profusa opportunity. •On August10, 2022, NorthView and Profusa management held a call with a possible investor who was evaluating Profusa’s intellectual property. Following the call, NorthView management concluded that Profusa was its leading candidate for a business combination. •On August17, 2022, a kickoff meeting and update call was held, including members of NorthView management, Profusa management, and the senior partner of our law firm, ArentFox Schiff LLP. •On August17, 2022, a kickoff meeting was held with management of Profusa and NorthView to start initial planning for preparation for negotiating and drafting the Merger Agreement. •On August