Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 347

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 347
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On July 28, 2025, the
Company entered into the Purchase Agreement and a related registration rights agreement (the “ELOC Registration Rights Agreement”),
with Ascent (“Purchaser”). Pursuant to the terms and conditions set forth in the Purchase Agreement, the Company may issue
and sell to Ascent, shares of its common stock for an aggregate purchase price of up to $100 million, subject to certain limitations
and conditions.

Under the Purchase Agreement,
the Company may deliver advance notices to the Purchaser to request the purchase of shares of common stock, with each closing to occur
on a trading day following the end of a 10 or fewer trading day valuation period commencing on the trading date immediately
following the delivery of the Advance Notice, or as determined by the Purchaser. The purchase price per share at each Closing will be
equal to 97% of the lowest volume-weighted average price (“VWAP”) of the Company’s common stock during the applicable
valuation period, subject to a floor price and other adjustments as set forth in the Purchase Agreement. The maximum purchase price at
any single Closing is limited to the lower of (a) $5.0 million or (b) 100% of the average daily traded value of the common
stock for the five trading days immediately preceding such Closing.

The net proceeds from sales
that the Company makes to Ascent under the Purchase Agreement, will depend on the frequency and prices at which the Company sells shares
of Common Stock. We expect that any proceeds received from sales of Common Stock to Ascent will be used solely for the purchase of Bitcoin
(which can be used for debt repayment) provided that the Company’s cash balance on the date of the applicable sale exceeds $5.0 million.
If the cash balance is less than $5.0 million, proceeds to the Company shall be allocated first to bring the balance to $5.0 million
and the remaining proceeds to purchase Bitcoin. As of the filing date of these June 30, 2025 financial statements, the Company has
purchased $1.0 million of Bitcoin as part of the Company’s ongoing treasury strategy.

<div align='center'>F-53

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

To the Stockholders and Board of Directors of
Northview Acquisition Corporation

Opinion on the Financial Statements

We have audited the accompanying
consolidated balance sheets of Northview Acquisition Corporation (the “Company”) as of December