Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 245

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 245
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% OID), as set forth below: (a)Provided a registration statement has been filed for the shares underlying the Initial Note, should the New Profusa Common Stock trade a volume of at least 15,000,000shares in the aggregate, and no default or event of default shall have occurred, New Profusa may call and thereby require the PIPE Investors to purchase Convertible Notes in the aggregate principal amount of $2,222,222 for a purchase price of $2,000,000 (reflecting a 10% OID) (“Second Purchase”). (b)Provided a registration statement is effective for the shares underlying the Initial Note, should the New Profusa Common Stock trade a volume of at least $35,000,000 in the aggregate after the $2,000,000 Second Purchase has closed, no default or event of default shall have occurred and the stock has traded at a trading price of no less than $4.00 for a period of at least five trading days preceding such purchase, New Profusa may call and thereby require the PIPE Investors to purchase additional Convertible Notes in the aggregate principal amount of $5,555,555 for a purchase price of $5,000,000 (reflecting a 10% OID). (c)The PIPE Investors, at their sole discretion, may put to New Profusa and thereby require New Profusa to sell an additional PIPE Convertible Note having an aggregate principal amount of $4,444,444 at a purchase price of $4,000,000 (reflecting a 10% OID) to be purchased at any time within 12 months of the Initial Closing. Material Effects of the Business Combination and the PIPE Subscription Agreement The following material benefits and detriments from the Business Combination and PIPE Subscription Agreement are expected to affect (i) NorthView and its affiliates, (ii) the Sponsor and its affiliates, (iii) Profusa and its affiliates, and (iv) the Public Stockholders. This information is provided pursuant to Item 1605(c) of Regulation S -K, as promulgated under the Securities Act. NorthView and its affiliates.For NorthView, the Business Combination represents the opportunity to complete the purpose for which it was formed. The only potential detriment to NorthView of the Business Combination is the opportunity cost -thatby consummating the Business Combination, NorthView is foregoing the opportunity to consummate a business combination transaction with another entity that theoretically could be of greater value to NorthView than Profusa. However, NorthView