Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 407

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 407
---
 (i) the fair market value of the redemptions and repurchases in
connection with the Business Combination, extension or otherwise, (ii) the structure of a Business Combination, (iii) the nature
and amount of any “PIPE” or other equity issuances in connection with a Business Combination (or otherwise issued not in connection
with a Business Combination but issued within the same taxable year of a Business Combination) and (iv) the content of regulations
and other guidance from the Treasury. The foregoing could cause a reduction in the cash available on hand to complete a Business Combination
and in the Company’s ability to complete a Business Combination.

<div align='center'>F-89

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

Note 1 — Description of Organization and Business Operations (cont.)

On March 22, 2023 and
December 21, 2023, the Company’s stockholders redeemed 18,000,868 and 140,663 shares, respectively, for a total of $184,845,836
and $1,565,078, respectively. On March 26, 2024, the Company’s stockholders redeemed 95,394 shares for a total of $1,088,361.
On September 30, 2024, the Company’s stockholders redeemed 50,556 shares for a total of $595,439. On March 26, 2025, the
Company’s stockholders redeemed 532,958 shares for a total of $6,510,830. On June 16, 2025, the Company’s stockholders
redeemed 52,784 shares for a total of $661,012. The Company determined that an excise tax liability should be recorded due to the redeemed
shares. As of June 30, 2025 and December 31, 2024, the Company has a charge to stockholders’ deficit of $1,952,662 and
$1,880,944 of excise tax liability, including $71,718 and $16,838 charged during the six months ended June 30, 2025 and the
year ended December 31, 2024, respectively, calculated as 1% of the value of shares redeemed.

On July 3, 2024, the Treasury
issued final regulations with respect to the procedure and administration of the Excise Tax.