Company: PFSA
Filing Date: 2025-02-27
Form Type: PRER14A
Source: 0001213900-25-017608
Chunk: 10

Company: Profusa, Inc.
Filing Date: 2025-02-27
Form: PRER14A
Chunk 10
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 (i) remove from the Trust Account an amount, which we refer to as
the “Withdrawal Amount”, equal to the number of public shares properly redeemed multiplied by the per-share price (such per-share
price being equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of taxes
payable), divided by the number of then outstanding public shares) and (ii) deliver to the holders of such redeemed public shares
their portion of the Withdrawal Amount. The remainder of such funds shall remain in the Trust Account and be available for use by the
Company to complete a business combination on or before the Extended Date. Holders of public shares who do not redeem their public shares
now will retain their redemption rights and their ability to vote on a business combination through the Extended Date if the Extension
Proposal and the Trust Amendment Proposal are approved.

Our Board has fixed the close of business on February 21, 2025, as
the date for determining the Company stockholders entitled to receive notice of and vote at the Special Meeting and any adjournment thereof.
Only holders of record of the Company’s common stock on that date are entitled to have their votes counted at the Special Meeting
or any adjournment thereof. On the record date (“Record Date”) for the Special Meeting, there were 5,931,825 shares of
common stock outstanding. The Company’s warrants do not have voting rights in connection with the Extension Proposal, the Trust
Amendment Proposal, or the Adjournment Proposal.

This Proxy Statement contains important information about the Special
Meeting and the proposals. Please read it carefully and vote your shares.

This Proxy Statement is dated March [ ], 2025, and is first being mailed
to stockholders on or about March [ ], 2025.

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QUESTIONS AND ANSWERS ABOUT THE SPECIAL MEETING</div>

These Questions and Answers are only summaries of the matters they
discuss. They do not contain all of the information that may be important to you. You should read carefully the entire document, including
the annex to this Proxy Statement.

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| Would I still be able to exercise my redemption rights if I vote “AGAINST” the business combination? 
 How do I redeem my shares of common stock in connection with the Extension Proposal?                 |     | If the Extension Proposal or is not approved and we have not consum