Company: PFSA
Filing Date: 2025-08-15
Form Type: 8-K/A
Source: 0001213900-25-076867
Chunk: 2

Company: Profusa, Inc.
Filing Date: 2025-08-15
Form: 8-K/A
Chunk 2
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, reorganization 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 are subject to a lock-up agreement in connection with the PIPE Subscription Agreement, as described further
below. This Stockholder Lock-Up Agreement supersedes the lock-up provisions set forth in the Stockholder Support Agreement filed as Exhibit
10.1.

The foregoing description of the Stockholder Lock-Up
Agreement is not complete and is qualified in its entirety by reference to the text of such document, which is filed as Exhibit 10.3 hereto
and incorporated herein by reference.

Sponsor Lock-Up Agreement

In connection with the Closing, NorthView and
Sponsor entered into a lock-up agreement (the “Sponsor Lock-Up Agreement”) pursuant to which the common stock of the Company
(the “New Profusa Common Stock”) issued to the Sponsor, excluding any private placement warrants, shares of New Profusa Common
Stock acquired in the public market or pursuant to a transaction exempt from registration under the Securities Act or pursuant to a subscription
agreement for the issuance of New Profusa Common Stock after closing, in exchange for shares of NorthView Common Stock that constituted
founder shares will be locked-up for 6 months after the Closing Date, subject to earlier release on (i) the date on which the last reported
sale price of the New Profusa Common Stock equals or exceeds $5.00 per share for any 20 trading days within any 30 trading day period
or (ii) such date on which the Company completes a liquidation, merger, stock exchange, reorganization or other similar transaction that
results in all of the Company’s stockholders having the right to exchange their shares of New Profusa Common Stock for cash, securities
or other property.

The foregoing description of the Sponsor Lock-Up
Agreement is not complete and is qualified in its entirety by reference to the text of such document, which is filed as Exhibit 10.11
hereto and incorporated herein by reference.

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Item 9.01. Financial Statement and Exhibits.

(a) Financial statements of businesses acquired.

The unaudited condensed consolidated financial
statements of Legacy Profusa as of June 30, 2025 and for the three and six months ended June 30, 2025 and 2024, and the related notes