Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 245

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 245
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 its reasonable efforts to have the registration statement declared effective as soon as practicable after the filing thereof, but no later than the 90 thcalendar day (or 120 thcalendar day if the SEC notifies New Profusa that it will “review” the registration statement) following the Closing. In addition, pursuant to the Lock -Upand Registration Rights Agreements, New Profusa Common Stock to be issued to the NorthView Initial Stockholders in exchange for shares of New Profusa Common Stock that constituted founder shares will be locked -upfor 8 months after the Closing Date, subject to earlier release on (i) the last consecutive trading day where the sale price of New Profusa Common Stock equals or exceeds $12.50 per share for any 20 trading days within any 30 -tradingday period commencing at least 180 days after the Closing or (ii) such date on which New Profusa completes a liquidation, merger, stock exchange or other similar transaction that results in all of New Profusa’s stockholders having the right to exchange their shares of New Profusa Common Stock for cash, securities or other property. Separately, certain New Profusa shareholders will be subject to a lock -upagreement in connection with the PIPE Subscription Agreement, as described further in the section entitled “ Summary of The Proxy Statement/Prospectus— PIPE Transaction”. Amendment to Business Combination Marketing Agreement and Engagement Letter NorthView previously engaged I -Bankersand Dawson James as advisors to assist in holding meetings to discuss the potential business combination and the target business’ attributes, introduce NorthView to potential investors that are interested providing funding in connection with a Business Combination, assist NorthView in obtaining stockholder approval for such business combination and assist NorthView with its press releases and public filings in connection with such business combination (the “Business Combination Marketing Agreement”). In connection with such engagement, NorthView agreed to pay I -Bankersand Dawson James an aggregate cash fee (the “Business Combination Fee”) for such services upon the consummation of a business combination in an amount equal to 3.68% of the gross proceeds of its initial public offering (exclusive of any applicable finders’ fees which might become payable). NorthView had also previously entered into an engagement letter (the “Engagement Letter”) contemplating the Business Combination Fee. Pursuant to a Business Combination Marketing Agreement executed by NorthView, I -Bankersand Dawson James in connection with the IPO, and as amended on November7, 2022 and subsequently modified on January19,