Company: PFSA
Filing Date: 2025-08-22
Form Type: S-1/A
Source: 0001213900-25-079829
Chunk: 325

Company: Profusa, Inc.
Filing Date: 2025-08-22
Form: S-1/A
Chunk 325
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”), a Delaware corporation incorporated on October 13, 2022, formed solely in contemplation of the Merger with Profusa (See Note 6). Merger Sub has not commenced any operations and has only nominal assets and no liabilities or contingent liabilities, nor any outstanding commitments other than in connection with the Merger. On December 22, 2021, the Company consummated its Initial Public Offering (“IPO”) of 18,975,000units (the “Units”), which included 2,475,000Units issued pursuant to the full exercise of the over -allotmentoption granted to the underwriters. Each Unit consists of oneshare of common stock of the Company, par value $ 0.0001per share, oneright (the “Rights”), and one -halfof one redeemable warrant of the Company (the “Warrants”). Each Right entitles the holder thereof to receive one -tenth(1/10) of oneshare of common stock. Each Warrant entitles the holder thereof to purchase oneshare of common stock for $ 11.50per share, subject to adjustment. The Units were sold at a price of $ 10.00per Unit, generating gross proceeds to the Company of $ 189,750,000. Simultaneously with the closing of the IPO, the Company completed the private sale of an aggregate of 7,347,500warrants (the “Private Placement Warrants”), which included 697,500Private Placement Warrants issued pursuant to the full exercise of the over -allotmentoption granted to the underwriters, to NorthView Sponsor I, LLC (“the Sponsor”), I -BankersSecurities, Inc., and Dawson James Securities, Inc. at a purchase price of $ 1.00per Private Placement Warrant, generating gross proceeds to the Company of $ 7,347,500, which is discussed in Note 4. Transaction costs amounted to $ 7,959,726consisting of $ 3,450,000of underwriting discount, $ 3,570,576of Representative’s Shares cost, $ 259,527of Representative’s Warrants cost and $ 679,623of other offering costs. The Company’s Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the value of the assets held in the Trust Account (as defined below) (excluding taxes payable on the interest earned on