Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 512

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 512
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 a regular trading market will develop in the New Profusa Common Stock. Lock-Up and Registration Rights Agreements Following the execution of the Merger Agreement, NorthView, Profusa, the Sponsor, certain other holders of NorthView Founder Shares and certain holders of shares of Profusa that will receive shares of New Profusa Common Stock in connection with the Business Combination entered into a lock -upagreement (the “Lock -UpAgreement”) with NorthView, whereby those holders are prohibited from selling or transferring their shares of New Profusa Common Stock for a period of eight months following the Closing, subject to early release of a portion of their shares upon the occurrence of certain milestones. Following the execution of the Merger Agreement, NorthView, the Sponsor, certain other holders of NorthView Founder Shares and certain holders of shares of Profusa that will receive shares of New Profusa Common Stock in connection with the Business Combination entered into an Amended and Restated Registration Rights Agreement

296 (the “Registration Rights Agreement”), which amended the terms of the Registration Rights Agreement entered into by NorthView, the Sponsor and certain other holders of NorthView Founder Shares on November 23, 2020 and pursuant to which NorthView is obligated to file a registration statement to register the resale of certain securities of NorthView held by such holders. The Registration Rights Agreement also provides such holders with “piggy -back” registration rights, subject to certain requirements and customary conditions. Rule 144 All of the New Profusa Common Stock that will be outstanding upon the completion of the Business Combination, other than (a) the Public Shares and (b) those equity shares issued to Profusa shareholders in connection with the Business Combination, are “restricted securities” as that term is defined in Rule 144 under the Securities Act, and may be sold publicly in the United States only if they are subject to an effective registration statement under the Securities Act or pursuant to an exemption from the registration requirement such as those provided by Rule 144 and Rule 701 promulgated under the Securities Act. In general, beginning 90 days after the date of this proxy statement/prospectus, a person (or persons whose shares are aggregated) who, at the time of a sale, is not, and has not been during the three months preceding the sale, an affiliate of New Profusa and has beneficially owned New Profusa’s restricted securities for at least six months will be entitled to sell the restricted securities without registration under the Securities Act, subject only to the availability of current public information about New