Company: PFSA
Filing Date: 2025-08-22
Form Type: S-1/A
Source: 0001213900-25-079829
Chunk: 393

Company: Profusa, Inc.
Filing Date: 2025-08-22
Form: S-1/A
Chunk 393
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 the Business Combination, I -Bankerswas paid $ 900,000and Dawson James was paid $ 600,000under the Business Combination marketing agreement. The payment of the remaining $ 500,000has been deferred until after the Closing. Non-Redemption Agreement On May 8, 2025, the Company entered into a non -redemptionagreement (the “Non -RedemptionAgreement”) with I -BankersSecurities, Inc. and Dawson James Securities, Inc. (together, the “Investors”), pursuant to which such Investors agreed that to the extent that redemptions in connection with the vote to approve the Business Combination reduces the Company’s trust account balance below $ 1.25million, the Investors would offer such redeeming shareholders an opportunity to rescind the redemption of their shares and would instead purchase such shares. Such purchases would be structured in compliance with the requirements of Rule 14e -5under the Exchange Act or would otherwise not constitute a tender offer pursuant to the Exchange Act. As of the Closing Date, the Company’s trust account balance was not below $ 1.25million. Representative’s Shares On December 22, 2021, the Company issued 450,000shares (Representative Shares) of common stock (which included 37,500Representative Shares issued pursuant to the full exercise of the over -allotmentoption) at the consummation of the IPO to I -Bankersand Dawson James (and/or their designees). I -Bankersand Dawson James (and/or their designees) have agreed not to transfer, assign or sell any such shares until the completion of the initial Business Combination. In addition, I -Bankersand Dawson James (and/or their designees) have agreed (i) to waive their redemption rights with respect to such shares in connection with the completion of the initial Business Combination and (ii) to waive their rights to liquidating distributions from the Trust Account with respect to such shares if the Company fails to complete its initial Business Combination within the Combination Period. The fair value of the Representative’s Shares issued are recognized as offering costs directly attributable to the issuance of an equity contract to be classified in equity and are recorded as a reduction of equity (see Note 1). F-101 NORTHVIEW ACQUISITION CORPORATION
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 6 — Commitments and Contingencies (cont.) Representative’s Warrants The Company granted