Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 384

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 384
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 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 Incentive Plan Proposal. If the Business Combination Proposal and the Nasdaq Proposals are not approved, the Equity Incentive Plan Proposal will not be presented at the special meeting. The Merger is conditioned upon the approval of the Equity Incentive Plan, subject to the terms of the Merger Agreement. Notwithstanding the approval of the Equity Incentive Plan, if the Merger is not consummated for any reason, the actions contemplated by the Equity Incentive Plan will not be effected. Recommendation of the NorthView Board THE NORTHVIEW BOARD UNANIMOUSLY RECOMMENDS THAT NORTHVIEW’S STOCKHOLDERS VOTE “FOR” THE APPROVAL OF THE EQUITY INCENTIVE PLAN PROPOSAL. 211 PROPOSAL 7 — THE ESPP PROPOSAL Overview We are asking NorthView stockholders to vote upon a proposal to approve the ESPP, including the authorization of the initial share reserve under the ESPP. The NorthView Board adopted the ESPP on May14, 2025, subject to its approval by the NorthView stockholders. The NorthView Board believes that the adoption of the ESPP will benefit New Profusa by providing employees with an opportunity to acquire shares of New Profusa Common Stock and will enable New Profusa to attract, retain and motivate valued employees. Purposes of the ESPP The purpose of the ESPP is to provide employees of New Profusa and participating subsidiaries with an opportunity to purchase New Profusa Common Stock through accumulated payroll deductions. The NorthView Board believes that the adoption of the ESPP will benefit New Profusa by providing employees with an opportunity to acquire shares of New Profusa Common Stock and will enable New Profusa to attract, retain and motivate valued employees. The ESPP includes two components: (a) a component intended to qualify as an “employee stock purchase plan” under Section 423 of the Code (the “423 Component”), the provisions of which shall be construed so as to extend and limit participation in a uniform and nondiscriminatory manner consistent with the requirements of Section 423 of the Code; and (b) a component that does not qualify as an “employee stock purchase plan” under Section 423 of the Code (