Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 183

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 183
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 that may be complementary to NorthView’s business and, as a result, those acquisition opportunities may not be available to us. The Proposed Charter provides that certain parties or any of their managers, officers, directors, equity holders, members, principals, affiliates and subsidiaries (other than NorthView and its subsidiaries) do not have any fiduciary duty to refrain from engaging, directly or indirectly, in the same or similar business activities or lines of business as NorthView or any of its subsidiaries. We may issue additional shares of New Profusa Common Stock or other equity securities without your approval, including issuances related to the conversion of the senior secured convertible note, which would dilute your ownership interests and may depress the market price of your shares. We may issue additional shares of New Profusa Common Stock, including pursuant to the conversion of the senior secured convertible note, or other equity securities of equal or senior rank in the future in connection with, among other things, future acquisitions, repayment of outstanding indebtedness or under the Equity Incentive Plan, without stockholder approval, in a number of circumstances. Our issuance of additional shares of New Profusa Common Stock or other equity securities of equal or senior rank could have the following effects: •your proportionate ownership interest in NorthView will decrease; •the relative voting strength of each previously outstanding share of NorthView Common Stock may be diminished; or •the market price of our shares of NorthView stock may decline. Profusa’s financial forecasts, which were presented to the NorthView Board and are included in this proxy statement/prospectus, may not prove accurate. In connection with the Transactions, NorthView management presented certain forecasted financial information for Profusa to the NorthView Board, which was internally prepared and provided by Profusa, and adjusted by NorthView management to take into consideration the consummation of the Transactions (assuming that no shares of NorthView 80 Common Stock are elected to be redeemed by NorthView’s stockholders), as well as certain adjustments that were appropriate in their judgment and experience. The forecasts were based on numerous variables and assumptions known to Profusa and NorthView at the time of preparation. Such variables and assumptions are inherently uncertain and many are beyond the control of Profusa or NorthView. Important factors that may affect actual results and cause the forecasts to not be achieved include, but are not limited to, risks and uncertainties relating to the businesses of Profusa (including its ability to achieve a timely buildout of operations, strategic goals, objectives and targets over applicable periods), industry performance,