Company: PFSA
Filing Date: 2025-07-18
Form Type: 8-K
Source: 0001213900-25-065686
Chunk: 27

Company: Profusa, Inc.
Filing Date: 2025-07-18
Form: 8-K
Chunk 27
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 previously entered into an engagement letter (the “Engagement Letter”) contemplating
the Business Combination Fee.

Pursuant to the Business Combination
Marketing Agreement executed by NorthView, I-Bankers and Dawson James in connection with the IPO, as amended on November 7, 2022,
and subsequently modified on January 19, 2025 in connection with the signing of the Merger Agreement, I-Bankers and Dawson James
received a cash fee (the “Business Combination Marketing Fee”) from NorthView in connection with the Business Combination
in an amount equal to $1,500,000 in the aggregate, with the remaining $500,000 balance deferred.

The foregoing description
of the Business Combination Marketing Agreement is not complete and is qualified in its entirety by reference to the text of such document,
which is filed as Exhibit 10.4 hereto and incorporated herein by reference.

Financial Advisory Arrangement with HCW

HCW acted as Profusa’s
financial advisor in connection with the Business Combination and received a transaction fee in connection therewith of $1,000,000, payable
in cash and 132,500 warrants to acquire an aggregate of 132,500 shares of New Profusa Common Stock at an exercise price of $0.01
per share.

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Item 1.01 Entry into a Material Definitive Agreement.

Agreements Ancillary to Merger Agreement

Closing Agreement

On July 11, 2025,in connection with the Closing, NorthView, Profusa and the Merger Sub entered into a Closing Agreement, pursuant to which, among other things, the parties (i) agreed to waive a certain closing condition contemplated under the Merger Agreement and (ii) agreed to amend the definition of “Private Placement Basis” in the Merger Agreement to mean $2.22 or $0.50, as applicable, based on the cost basis of the security issued in the applicable CompanyPrivate Placement
Financing (as defined in the Merger Agreement).

The foregoing description
of the Closing Agreement is not complete and is qualified in its entirety by reference to the text of such document, which is filed as
Exhibit 10.5 hereto and incorporated herein by reference.

Lock-Up Agreement

On July 11, 2025, in connection
with the Closing, NorthView, the NorthView Initial Stockholders and certain Profusa shareholders entered into a Lock-Up Agreement, pursuant
to which the New Profusa Common Stock issued to