Company: PFSA
Filing Date: 2025-02-18
Form Type: PRE 14A
Source: 0001213900-25-014919
Chunk: 13

Company: Profusa, Inc.
Filing Date: 2025-02-18
Form: PRE 14A
Chunk 13
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 are a blank check company incorporated on April 19, 2021 as
a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization
or similar business combination with one or more businesses. Our principal executive offices are located at 207 West 25 St.,
9 Floor, New York, NY 10001.

There are currently 5,881,269 shares of our common stock issued
and outstanding. In addition, there are outstanding warrants to purchase an aggregate of 17,404,250 shares of common stock at exercise
prices of $11.50 per share.

As of the Record Date, approximately $8.3 million in proceeds
from our IPO, the simultaneous sale of warrants in a private placement transaction, previous extension payments and interest income are
being held in our Trust Account in the United States maintained by Continental Stock Transfer & Trust Company, acting as
trustee. The Trust Account is and will remain invested in U.S. government securities with a maturity of 185 days or less or
cash items until the earlier of (i) the consummation of our initial business combination or (ii) the distribution of the proceeds
in the Trust Account as described below.

Pursuant to the terms of our Amended and Restated Certificate of Incorporation,
if our initial business combination is not consummated by March 22, 2025, then we will dissolve and liquidate in accordance with the amended
and restated certificate of incorporation, and we will distribute all amounts in the Trust Account.

As of the date of this Proxy Statement and pursuant to the terms of
our Amended and Restated Certificate of Incorporation, the Company has made 24 monthly extensions to the date by which our initial
business combination must be completed by making payments to the Trust Account. The following chart shows the dates and amounts of each
payment to the Trust Account.

| Description |     | Trust Payment Schedule 
 Invoice Date           |            |     | Trust Payment 
 Required      |            |     | Payment Made |             |   |     | Payment Date |            |   |
|:------------|:----|:-----------------------|:-----------|:----|:--------------|-----------:|:----|:-------------|------------:|:--|:----|:-------------|:-----------|:--|
| Mar-23      |     |                        | 3/22/2023  |     | $             |  48