Company: PFSA
Filing Date: 2025-10-29
Form Type: 424B3
Source: 0001213900-25-103174
Chunk: 239

Company: Profusa, Inc.
Filing Date: 2025-10-29
Form: 424B3
Chunk 239
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 relevant fiduciary duties or
contractual obligations that may take priority over their duties to us.

Administrative Services Agreement

We entered into an Administrative
Services Agreement pursuant to which we pay NorthView Sponsor I, LLC, an affiliate of one of our officers, a total of $5,000 per
month for office space, utilities, secretarial support and other administrative and consulting services which the Company and the sponsor
terminated on June 30, 2025.

Our sponsor, executive officers
and directors, or any of their respective affiliates, will be reimbursed for any out-of-pocket expenses incurred in connection with
activities on our behalf such as identifying potential target businesses and performing due diligence on suitable business combinations.
Our audit committee will review on a quarterly basis all payments that were made to our sponsor, officers, directors or our or their affiliates
and will determine which expenses and the amount of expenses that will be reimbursed. There is no cap or ceiling on the reimbursement
of out-of-pocket expenses incurred by such persons in connection with activities on our behalf.

Promissory Notes

Prior to the closing of our
initial public offering, our sponsor loaned us $204,841 to be used for a portion of the expenses of our initial public offering. These
loans were non-interest bearing, unsecured and were repaid on the closing of our initial public offering.

In addition, in order to finance
transaction costs in connection with an intended initial business combination, our initial stockholders or an affiliate of our initial
stockholders or certain of our officers and directors may, but are not obligated to, loan us funds as may be required. Shortly after completing
the initial business combination, we will repay such loaned amounts. Up to $1,500,000 of such loans may be, at the option of the lender,
convertible into warrants at a price of $1.00 per warrant of the post business combination entity. The warrants would be identical to
the private placement warrants, including as to exercise price, exercisability and exercise period. The terms of such loans, if any, have
not been determined and no written agreements exist with respect to such loans. We do not expect to seek loans from parties other than
our initial stockholders or an affiliate of our initial stockholders or certain officers and directors as we do not believe third parties
will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our trust account.

We may pay consulting, finder