Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 244

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 244
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 Agreement under this provision for so long as NorthView and Merger Sub continue to exercise their reasonable efforts to cure such breach, unless such breach is not cured within 30 days after notice of such breach is provided by Profusa to NorthView. Effect of Termination Subject to customary exceptions for confidentiality and other provisions, if the Merger Agreement is terminated, the Merger Agreement will become void and have no effect, without any liability on the part of any party thereto, or such party’s respective affiliates, officers, directors, employees or stockholders, other than liability for any material breach that constitutes, or is a consequence of, a purposeful act or failure to act by such party with the knowledge that the taking of such act or failure to take such act would, or would reasonably be expected to, cause a material breach of the Merger Agreement. 117 PIPE Subscription Agreement On February 11, 2025, NorthView executed a Securities Purchase Agreement (the “PIPE Subscription Agreement”) with Ascent Partners Fund LLC (“Ascent”, and together with any additional investors who become parties to the PIPE Subscription Agreement, the “PIPE Investors”). Pursuant to the PIPE Subscription Agreement, the PIPE Investors are expected, subject to the conditions relating to such purchase set forth in the PIPE Subscription Agreement, to purchase from NorthView senior secured convertible notes in an aggregate principal amount of up to $22,222,222 (the “PIPE Convertible Notes”) for a purchase price of up to $20,000,000, after 10% OID. The PIPE Subscription Agreement contemplates that the PIPE Convertible Notes will be purchased (the “Investment” or the “PIPE”) across multiple tranches: (i)The initial closing amount (the “Initial Closing Amount”) of $9,000,000 will be purchased, subject to the conditions set forth in the PIPE Subscription Agreement, at the Closing, which will be the initial closing date of the Investment (the “Initial Closing Date”), and will consist of PIPE Convertible Notes to be issued by New Profusa in the principal amount of $10,000,000 (the “Initial Note”), reflecting a 10% original issue discount to the face amount (“OID”) thereof. (ii)Prior to the one -yearanniversary of the Initial Closing Date, New Profusa may request that the PIPE Investors purchase additional PIPE Convertible Notes having an aggregate principal amount of up to $12,222,222 at a purchase price of $11,000,000 (reflecting a 10