Company: PFSA
Filing Date: 2025-04-03
Form Type: S-4/A
Source: 0001213900-25-028544
Chunk: 386

Company: Profusa, Inc.
Filing Date: 2025-04-03
Form: S-4/A
Chunk 386
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 paid by New Profusa, and New Profusa (or the applicable employer) will be entitled to a corresponding deduction, subject to the limitations under Section 162(m) of the Code. The tax consequences of any other type of Stock Award will depend on the structure and form of such award. A participant who receives a Stock Award in the form of shares of New Profusa Common Stock that are not subject to any restrictions under the Equity and Incentive Plan will recognize compensation taxable as ordinary income on the date of grant in an amount equal to the fair market value of such shares on that date, and New Profusa (or the applicable employer) will be entitled to a corresponding deduction, subject to the limitations under Section 162(m) of the Code. Performance Awards A participant will not recognize taxable income at the time performance awards are granted and New Profusa will not be entitled to a tax deduction at that time. Upon settlement of a performance award, the participant will recognize compensation taxable as ordinary income (and subject to income tax withholding in respect of an employee) in an amount equal to the fair market value of any shares delivered and the amount of cash paid by New Profusa, and New Profusa (or the applicable employer) will be entitled to a corresponding deduction, subject to the limitations under Section 162(m) of the Code. New Plan Benefits The number of stock options and other forms of awards that will be granted under the Equity and Incentive Plan is not currently determinable. Equity Compensation Plan Information Prior to the Effective Time, NorthView has no equity compensation plans or outstanding equity awards. Vote Required for Approval The approval of the Equity and Incentive Plan Proposal requires the majority of the votes cast by the stockholders present in person (which would include presence at a virtual meeting) or represented by proxy at the Special Meeting. Abstentions and broker non -votes, while considered present for the purposes of establishing a quorum, will not count as votes cast at the extraordinary general meeting, and otherwise will have no effect on the Equity and Incentive Plan Proposal. If the Business Combination Proposal and the Nasdaq Proposals are not approved, the Equity and Incentive Plan Proposal will not be presented at the special meeting. The Merger is conditioned upon the approval of the Equity and Incentive Plan, subject to the terms of the Merger Agreement. Notwithstanding the approval of the Equity and Incentive Plan, if the Merger is not consummated for any reason, the actions contemplated by the Equity and In