Company: PFSA
Filing Date: 2025-02-27
Form Type: PRER14A
Source: 0001213900-25-017608
Chunk: 49

Company: Profusa, Inc.
Filing Date: 2025-02-27
Form: PRER14A
Chunk 49
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 the Company; and

NOW THEREFORE, IT IS AGREED:

| 1. | Section 1(i) of the Trust Agreement is hereby amended and 
 restated in its entirety as follows:                      |

“(i) Commence liquidation of the Trust Account
only after and promptly after (x) receipt of, and only in accordance with, the terms of a letter (“Termination Letter”),
in a form substantially similar to that attached hereto as either or , signed on behalf of the Company
by its Chief Executive Officer, President, Secretary or Chairman of the board of directors of the Company (the “Board”)
or other authorized officer of the Company, and, in the case of , acknowledged and agreed to by the Representative, and
complete the liquidation of the Trust Account and distribute the Property in the Trust Account, including interest not previously released
to the Company to pay its taxes, only as directed in the Termination Letter and the other documents referred to therein, or (y) upon
the date which is the later of (i) March 22, 2025, or as late as June 22, 2025, if the Company’s Board of Directors extends
the time to complete the Business Combination up to three times for an additional one (1) month each time (for a maximum of three one-month
extensions), upon the deposit into the Trust Account of the lesser of (a) $10,000, and (b) $0.04 for each outstanding public share by
the Sponsor or its designees on or prior to March 22, 2025 or such other date as may be extended, and (ii) such later date as may
be approved by the Company’s stockholders in accordance with the Company’s amended and restated certificate of incorporation
(the latest of the foregoing, the “Last Date”), the Trust Account shall be liquidated in accordance with the procedures set
forth in the Termination Letter attached as hereto and distributed to the Public Stockholders as of the Last Date, if
a Termination Letter has not been received by the Trustee prior to such date, in which case the Trust Account shall be liquidated in accordance
with the procedures set forth in the Termination Letter attached as and the Property in the Trust Account, including
interest not previously released to the Company to pay its taxes (less up to $100,000 of interest that may be released to the Company
to pay dissolution expenses) shall be distributed to the Public