Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 86

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 86
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 the Business Combination. •The New Profusa Common Stock will have different rights from shares of NorthView Common Stock. •Our Sponsor, officers and directors have agreed to vote in favor of the Business Combination, regardless of how the NorthView Holders vote. •The Sponsor and NorthView’s executive officers and directors have potential conflicts of interest in recommending that stockholders vote in favor of approval of the Business Combination Proposal and approval of the other proposals described in this proxy statement/prospectus. •The exercise of discretion by NorthView’s directors and officers in agreeing to changes to the terms of or waivers of closing conditions in the Merger Agreement may result in a conflict of interest when determining whether such changes to the terms of the Merger Agreement or waivers of conditions are appropriate and in the best interests of NorthView securityholders. 18 •Subsequent to the completion of the Business Combination, New Profusa may be required to take write -downsor write -offs, restructuring and impairment or other charges that could have a significant negative effect on New Profusa’s financial condition, results of operations and stock price, which could cause you to lose some or all of your investment. •NorthView Holders who purchased NorthView Common Stock in NorthView’s IPO and do not exercise their redemption rights could pursue rescission rights and related claims. •NorthView Holders’ ownership and voting interest in New Profusa will be significantly reduced from their interest in NorthView, and the NorthView Holders will exercise little influence over management. PIPE Transaction On February11, 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,