Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 262

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 262
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 on April27, 2022, followed by an update call on April29, 2022. •Further discussions led by Tungsten also took place on May2, May 3 and May6, 2022. •On May17, 2022, NorthView’s management developed a preliminary summary of the possible terms of the business combination. •On May23, 2022, while attending the HCW Global Life Sciences Conference in Miami Florida, NorthView’s CEO, Jack Stover, met with Romy Seth of Tungsten to discuss Company A. More detailed discussions between the parties followed on May25, 2022. •On June7, 2022, NorthView’s management, Company A’s management, and Tungsten developed a detailed timeline and schedule outlining the time from signing a letter of intent to the expected closing of a business combination. 127 •Detailed due diligence on Company A subsequently began on June10, 2022, once Company A provided NorthView with virtual data room access. •On May18, 2022, a representative of the M&A group for HCW, who was acting as Profusa’s financial advisor and had been engaged to act as a placement agent in connection with any securities offering (including a private investment in public equity) that Profusa might enter into should it engage in a business combination with a special purpose acquisition company, introduced Jack Stover, Ben Hwang, Chief Executive Officer of Profusa, and suggested a meeting at the HCW Global Life Sciences Conference. On May25, 2022, Ben Hwang and Jack Stover met in person and shared interest in the opportunity of a business combination at a high level, noting that there was a good deal of mutual interest and expertise. This was followed by a call with the parties and the representative of HCW on May31, 2022, where more details of Profusa were shared and a mutual non -disclosureagreement was signed to further the diligence process with Profusa. Accordingly, NorthView was granted access to a virtual data room which was in the process of being updated. Additionally, Profusa and NorthView began exchange proposed terms for a potential transaction. HCW will receive a transaction fee in connection with the Business Combination. See “ Proposal 1 — The Business Combination Proposal — Related Agreements” for more information. •From June 1 to June3, 2022, NorthView management provided Profusa with drafts of a term sheet and discussed the proposed terms with