Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 487

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 487
---
 this stockholder becomes an interested stockholder, unless the business combination is approved in a prescribed manner. Under Section 203, a business combination between a corporation and an interested stockholder is prohibited unless it satisfies one of the following conditions: •before the stockholder became interested, New Profusa’s board of directors approved either the business combination or the transaction, which resulted in the stockholder becoming an interested stockholder; •upon consummation of the transaction, which resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of New Profusa outstanding at the time the transaction commenced, excluding for purposes of determining the voting stock outstanding, shares owned by persons who are directors and also officers, and employee stock plans in some instances, but not the outstanding voting stock owned by the interested stockholder; or •at or after the time the stockholder became interested, the business combination was approved by our board and authorized at an annual or special meeting of the stockholders by the affirmative vote of at least two -thirdsof the outstanding voting stock, which is not owned by the interested stockholder. Section 203 defines a business combination to include: •any merger or consolidation involving the corporation and the interested stockholder; •any sale, transfer, lease, pledge or other disposition involving the interested stockholder of 10% or more of the assets of the corporation; •subject to exceptions, any transaction that results in the issuance of transfer by the corporation of any stock of the corporation to the interested stockholder; •subject to exceptions, any transaction involving the corporation that has the effect of increasing the proportionate share of the stock of any class or series of the corporation beneficially owned by the interested stockholder; and •the receipt by the interested stockholder of the benefit of any loans, advances, guarantees, pledges or other financial benefits provided by or through the corporation. In general, Section 203 defines an interested stockholder as any entity or person beneficially owning 15% or more of the outstanding voting stock of the corporation and any entity or person affiliated with or controlling or controlled by the entity or person. 280 Certificate of Incorporation and Bylaw Provisions New Profusa’s amended and restated certificate of incorporation and New Profusa’s bylaws will include a number of provisions that may have the effect of deterring hostile takeovers, or delaying or preventing changes in control of New Profusa’s management team or changes in New Profusa’s board of directors or New Profusa’s