Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 251

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 251
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 business combination and the target business’ attributes, introduce NorthView to potential investors that are interested providing funding in connection with a Business Combination, assist NorthView in obtaining stockholder approval for such business combination and assist NorthView with its press releases and public filings in connection with such business combination (the “Business Combination Marketing Agreement”). In connection with such engagement, NorthView agreed to pay I -Bankersand Dawson James an aggregate cash fee (the “Business Combination Fee”) for such services upon the consummation of a business combination in an amount equal to 3.68% of the gross proceeds of its initial public offering (exclusive of any applicable finders’ fees which might become payable). NorthView had also previously entered into an engagement letter (the “Engagement Letter”) contemplating the Business Combination Fee. Pursuant to a Business Combination Marketing Agreement executed by NorthView, I -Bankersand Dawson James in connection with the IPO, and as amended on November7, 2022 and subsequently modified on January19, 2025, in connection with the signing of the Merger Agreement, I -Bankersand Dawson James are entitled to receive a fee 121 (the “Business Combination Marketing Fee”) from NorthView in connection with the Business Combination in an amount equal to an aggregate of $2,000,000 payable in cash. This fee is payable only in the event that the Business Combination closes. The aggregate amount would render the effective Business Combination Marketing Fee for the shares of in excess of the funds in the Trust Account in any redemption scenario. As the Business Combination Marketing Fee exceeds the funds available in the Trust Account, the Company is expected to use proceeds from the PIPE Subscription Agreement to pay a portion of the business combination marketing fee at the closing of the business combination. Financial Advisory Arrangement with HCW HCW acted as Profusa’s financial advisor in connection with the Merger and will receive a transaction fee in connection with the Merger of $1,000,000, payable in cash and 132,500 warrants to acquire an aggregate of 132,500shares of New Profusa Common Stock at an exercise price of $0.01 per share (“HCW Warrants”). The Background of the Business Combination NorthView is a blank check company incorporated in the state of Delaware on April 19, 2021 for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. NorthView leveraged its network and the investing and operating experience of its