Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 426

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 426
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 after the Closing.

Non-Redemption Agreement

On May 8, 2025, the Company
entered into a non-redemption agreement (the “Non-Redemption Agreement”) with I-Bankers Securities, Inc. and
Dawson James Securities, Inc. (together, the “Investors”), pursuant to which such Investors agreed that to the extent that
redemptions in connection with the vote to approve the Business Combination reduces the Company’s trust account balance below $1.25 million,
the Investors would offer such redeeming shareholders an opportunity to rescind the redemption of their shares and would instead purchase
such shares. Such purchases would be structured in compliance with the requirements of Rule 14e-5 under the Exchange Act or
would otherwise not constitute a tender offer pursuant to the Exchange Act. As of the Closing Date, the Company’s trust
account balance was not below $1.25 million.

Representative’s Shares

On December 22, 2021,
the Company issued 450,000 shares (Representative Shares) of common stock (which included 37,500 Representative Shares
issued pursuant to the full exercise of the over-allotment option) at the consummation of the IPO to I-Bankers and Dawson James
(and/or their designees). I-Bankers and Dawson James (and/or their designees) have agreed not to transfer, assign or sell any
such shares until the completion of the initial Business Combination. In addition, I-Bankers and Dawson James (and/or their
designees) have agreed (i) to waive their redemption rights with respect to such shares in connection with the completion of the
initial Business Combination and (ii) to waive their rights to liquidating distributions from the Trust Account with respect to such
shares if the Company fails to complete its initial Business Combination within the Combination Period. The fair value of the Representative’s
Shares issued are recognized as offering costs directly attributable to the issuance of an equity contract to be classified in equity
and are recorded as a reduction of equity (see Note 1).

<div align='center'>F-100

NORTHVIEW ACQUISITION CORPORATION
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 6 — Commitments and Contingencies
(cont.)

Representative’s Warrants

The Company granted to I-Bankers and
Dawson James (and/or their designees) 569,250 warrants (