Company: PFSA
Filing Date: 2025-02-18
Form Type: PRE 14A
Source: 0001213900-25-014919
Chunk: 14

Company: Profusa, Inc.
Filing Date: 2025-02-18
Form: PRE 14A
Chunk 14
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 | 12/22/2024 |     |               |  34,375.95 |     |              |   34,375.95 |   |     |              | 12/23/2024 | * |
| 24-Jan      |     |                        | 1/22/2025  |     |               |  34,375.95 |     |              |           [ | ] |     |              | [          | ] |
| 24-Feb      |     |                        | 2/22/2025  |     |               |  34,375.95 |     |              |           [ | ] |     |              | [          | ] |
| Total       |     |                        |            |     | $             | 991,060.95 |     | $            | [923,708.84 | ] |     |              |            |   |

| * | Late payment. |

<div align='center'>14</div>

In addition to the $[ ] of extension payments made to the Trust Account
by the Company as of the date of this Proxy Statement, the Company has also paid the trust account $[ ] for interest on late payments.
All payments were funded by the Company with funds advanced by its sponsor.

The Board currently believes that there will not be sufficient time
before March 22, 2025, to complete the Business Combination with Profusa. Accordingly, the Board believes that in order to be able to
consummate a business combination, we will need to obtain the Extension and that, without the Extension, we would be precluded from completing
a business combination and would be forced to liquidate even if our stockholders are otherwise in favor of consummating a business combination.

You are not being asked to vote on any business combination at this time. If the Extension is implemented and you do not elect to redeem your public shares, provided that you are a stockholder on the record date for a meeting to consider the business combination, you will be entitled to vote on the business combination when it is submitted to stockholders and will retain the right to redeem your public shares for cash in the event the business combination is approved and completed or we have not consummated a business combination by the Extended Date.

<div align='center'>15

PROPOSAL 1 — THE EXTENSION PROPOSAL</div>

Overview

The Company is proposing to amend its charter to extend the date by
which the Company has to