Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 142

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 142
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 references to such terms                                
 in the PIPE Subscription Agreement and related documents are to be construed in accordance with the new tranche structure.                     |

| ● | NorthView’s Convertible Working Capital loan will be being converted subsequent to the close of                                           
 the Business Combination in a future registration statement. The principal outstanding of the note was $1,919,796 as of June 30, 2025     
 which has been fair value adjusted on the balance sheet at June 30, 2025 to $10,288,111 which is included in the pro forma at the current 
 balance as no interest accrues on this note and will be converted into 863,908 shares of New Profusa, at an as converted price of         
 $2.22 per share.                                                                                                                          |

| ● | Upon consummation of the Merger the former holders of Profusa’s common stock, senior convertible                                      
 notes, junior convertible notes and vested in-the-money Profusa Options (the “Participating Securityholders”) received                
 certain rights, under which in the future New Profusa may issue to the Participating Securityholders an aggregate of 3,875,000 shares 
 of New Profusa’s common stock (the “Milestone Earnout Shares”) during the respective earnout periods in equal ¼                       
 installments upon achievement of the following four Milestone Events:                                                                 |

| ● | Milestone I Earnout Rights: share price of New Profusa Common Stock is equal to or greater than $12.50                           
 for any 20 trading days during any 30 days trading period or consummation of a Subsequent Transaction where the stockholders     
 of New Profusa will receive a consideration of at least $12.50 for each share of New Profusa Common Stock (“Milestone Event I”). 
 The Milestone I period will commence on the 18-month anniversary and end on the two-year anniversary of the closing date         
 of the Merger (“Milestone Event I Period”);                                                                                      |

| ● | Milestone II Earnout Rights: share price of New Profusa Common Stock is equal to or greater than                                   
 $14.50 for any 20 trading days during any 30 days trading period or consummation of a Subsequent Transaction where the             
 stockholders of New Profusa will receive a consideration of at least $14.50 for each share of New Profusa Common Stock (“Milestone 
 Event II”). The Milestone II period will commence on the 360-day anniversary and end on the two