Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 374

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 374
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”). In October 2021, the Sponsor irrevocably surrendered
to the Company for cancellation and for no consideration 862,500 shares of common stock. On December 20, 2021, the Company effected
a 1.1-for-1 stock dividend of its common stock, resulting in the Sponsor holding an aggregate of 4,743,750 shares of common stock. The
Founder Shares include an aggregate of up to 618,750 shares subject to forfeiture if the over-allotment option is not exercised by the
underwriters in full. On December 22, 2021, the over-allotment option was fully exercised and such shares are no longer subject to
forfeiture.

<div align='center'>F-70

NORTHVIEW ACQUISITION CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 5 — Related Party Transactions
(cont.)

The Sponsor has agreed not
to transfer, assign or sell any of their Founder Shares until the earlier to occur of: (A) one year after the completion of the initial
Business Combination or (B) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction
after the initial Business Combination that results in all of the Company’s public stockholders having the right to exchange their
shares of common stock for cash, securities or other property (the “Lock-up”). Notwithstanding the foregoing, if the last
sale price of the Company’s common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations,
recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after
the initial Business Combination, the Founder Shares will be released from the Lock-up.

Convertible Promissory Note — Related Party

On April 27, 2023, the
Company signed a Convertible Working Capital Promissory Note (“the Note”) with the Sponsor for $1,200,000. The Note is non-interest
bearing and is due the earlier of the consummation of a business combination or the date of liquidation. The Sponsor may elect to convert
all or any portion of the unpaid principal balance of this Note into warrants, at a price of $1.00 per warrant. On January 10, 2024,
the Company’s Board of Directors approved, and the Company amended the Note to increase the principal amount