Company: PFSA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076861
Chunk: 7

Company: Profusa, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 7
---
ation of the Merger with Profusa (See below). In connection with the Merger, which was consummated on July 11, 2025, Merger
Sub is no longer in existence.

Business Combination

On November 7, 2022, the Company, Profusa, Inc.,
a California corporation (“Profusa”) and Merger Sub entered into a Merger Agreement and Plan of Reorganization (as the same
has been amended, supplemented or otherwise modified from time to time, the “Merger Agreement”).

On June 5, 2025 (the “Redemption Date”),
the Company received requests to redeem a total of 52,784 Public Shares (as defined below), representing 32.4% of the total Public Shares
of the Company outstanding prior to the Redemption Date. Following the redemption, 5,295,527 Public Shares were outstanding.

At the special meeting of the stockholders held
on June 9, 2025 (the “Special Meeting”), the Company’s stockholders voted to approve the proposals outlined in the
final prospectus and definitive proxy statement filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”)
on May 15, 2025 (the “Proxy Statement/Prospectus”), including, among other things, the adoption of the Merger Agreement and
approval of the transactions contemplated thereby, including the merger of Merger Sub with and into Profusa, with Profusa continuing
as the surviving corporation and as a wholly-owned subsidiary of the Company (the “Merger”), and the issuance of the Company’s
common stock as consideration thereunder (together with the other transactions contemplated by the Merger Agreement, the “Business
Combination”).

On July 11, 2025 (the “Closing Date”),
the Company closed the Business Combination with Profusa. As a result of the Business Combination, the Company owns 100% of the outstanding
common stock of Profusa.

In connection with the closing of the Business
Combination, the Company changed its name from “NorthView Acquisition Corporation” to “Profusa, Inc.”

Business Prior to the Business Combination

On December 22, 2021, the Company consummated
its Initial Public Offering (“IPO”) of 18,975,000 units (the “Units”), which included 2,475,000 Units issued
pursuant to the full exercise of the over-allotment option granted to the under