Company: PFSA
Filing Date: 2025-05-09
Form Type: S-4/A
Source: 0001213900-25-041151
Chunk: 785

Company: Profusa, Inc.
Filing Date: 2025-05-09
Form: S-4/A
Chunk 785
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 only by a written agreement executed by each of the parties thereto; WHEREAS, Parent and the Company desire to amend the Merger Agreement as set forth in this Amendment; and WHEREAS, the respective board of directors of each of Parent and the Company have each approved this Amendment. In consideration of the mutual promises contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. Amendment. a)Section 1.1 of the Merger Agreement is hereby amended as follows: (i) The following definitions are hereby amended and restated in their entirety as follows: “ Milestone Event III ” means the achievement of Earnout Revenue of $11,864,000 for the fiscal year ended December 31, 2024. “ Milestone Event IV ” means the achievement of Earnout Revenue of $99,702,000 for the fiscal year ended December 31, 2025. b)Section 5.03(a) of the Merger Agreement is hereby amended as follows: (a)The authorized capital stock of Parent consists of (i) 100,000,000 shares of Parent Common Stock, par value $0.0001 per share (“ Parent Common Stock ”), and (ii) 1,000,000 shares of undesignated preferred stock, par value $0.0001 per share (“ Parent Preferred Stock ”). As of the date of this Agreement (i) 24,168,750 shares of Parent Common Stock are issued and outstanding, all of which are validly issued, fully paid and non-assessable and not subject to any preemptive rights, (ii) no shares of Parent Common Stock are held in the treasury of Parent, (iii) 7,347,500 private placement warrants (as described in the Prospectus) are issued and outstanding, each exercisable for one share of Parent Common Stock at an exercise price of $11.50, (iv) 569,250 representative’s warrants (as described in the Prospectus) are issued and outstanding, each exercisable for one share of Parent Common Stock at an exercise price of $11.50, (v) 9,487,500 Parent Public Warrants are issued and outstanding and 9,487,500 shares of Parent Common Stock are issuable in respect of the Parent Public Warrants (the warrants described in clauses (iii) , (iv) and (v), the “ Parent Warrants ”