Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 488

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 488
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 governance or policy, including the following: Board Vacancies New Profusa’s amended and restated certificate of incorporation and bylaws will authorize generally only New Profusa’s board of directors to fill vacant directorships resulting from any cause or created by the expansion of New Profusa’s board of directors. In addition, the number of directors constituting New Profusa’s board of directors may be set only by resolution adopted by a majority vote of New Profusa’s entire board of directors. These provisions prevent a stockholder from increasing the size of New Profusa’s board of directors and gaining control of New Profusa’s board of directors by filling the resulting vacancies with its own nominees. Classified Board New Profusa’s amended and restated certificate of incorporation and bylaws will provide that its board of directors is classified into three classes of directors. The existence of a classified board of directors could delay a successful tender offeror from obtaining majority control of New Profusa’s board of directors, and the prospect of that delay might deter a potential offeror. Directors Removed Only for Cause New Profusa’s amended and restated certificate of incorporation will provide that stockholders may remove directors only for cause. Supermajority Requirements for Amendments of New Profusa’s Amended and Restated Certificate of Incorporation and Bylaws New Profusa’s amended and restated certificate of incorporation will further provide that the affirmative vote of holders of at least 75% of the voting power of New Profusa’s outstanding common stock is required to amend certain provisions of New Profusa’s amended and restated certificate of incorporation, including provisions relating to the classified board, the size of the board of directors, removal of directors, special meetings, actions by written consent and designation of our preferred stock. The affirmative vote of holders of at least 75% of the voting power of New Profusa’s outstanding common stock are required to amend or repeal New Profusa’s bylaws, although New Profusa’s bylaws may be amended by a simple majority vote of New Profusa’s board of directors. Stockholder Action; Special Meetings of Stockholders New Profusa’s amended and restated certificate of incorporation will provide that New Profusa’s stockholders may not take action by written consent, but may only take action at annual or special meetings of stockholders. As a result, holders of New Profusa’s capital stock would not be able to amend New Profusa’s bylaws or remove directors without holding a meeting of stockholders called in accordance with New Profusa’s bylaws. New Profusa’s amended and rest