Company: PFSA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076861
Chunk: 50

Company: Profusa, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 after the balance sheet date up to the date that the condensed consolidated financial statements were issued. Based on
the Company’s review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the
condensed consolidated financial statements, other than as previously disclosed, and as described below.

Consummation of Business Combination

On July 11, 2025, the Company, consummated its
previously announced Business Combination Profusa, pursuant to that certain Merger Agreement and Plan of Reorganization, dated as of
November 7, 2022 (as the same has been amended, supplemented or otherwise modified from time to time, the “Merger Agreement”),
between the Company, Profusa, and NV Profusa Merger Sub Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Company
(“Merger Sub” and, collectively, the “Parties”). The consummation of the Business Combination involved the merger
(the “Merger”) of Merger Sub with and into Profusa, pursuant to which, at the closing of the transactions contemplated by
the Merger Agreement (the “Closing”), the separate corporate existence of Merger Sub ceased, with Profusa as the surviving
corporation becoming a wholly-owned subsidiary of the Company, pursuant to the terms of the Merger Agreement and in accordance with the
DGCL. As a result of the Business Combination, the Company owns 100% of the outstanding common stock of Profusa. In connection with the
closing of the Business Combination, the Company changed its name from “NorthView Acquisition Corporation” to “Profusa,
Inc.”

Securities Purchase Agreement

On July 28, 2025, the Company entered into a Securities Purchase Agreement
(the “Purchase Agreement”) with Ascent Partners Fund LLC (the “Purchaser”). Pursuant to the terms and conditions
set forth in the Purchase Agreement, the Company may, from time to time and at its discretion, issue and sell to the Purchaser shares
of its common stock (the “Purchased Securities”) for an aggregate purchase price of up to $100,000,000 (the “Maximum
Aggregate Purchase Price”), subject to certain limitations and conditions described below.

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Under the Purchase Agreement, the Company may deliver advance notices
(each, an “Advance Notice”) to the Purchaser to request the purchase of shares of common stock, with each closing (a “Closing”)
to occur on a trading day following the end of a