Company: PFSA
Filing Date: 2025-02-12
Form Type: S-4/A
Source: 0001213900-25-012354
Chunk: 311

Company: Profusa, Inc.
Filing Date: 2025-02-12
Form: S-4/A
Chunk 311
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 recommend and complete a business combination of a less favorable target company or on terms less favorable to NorthView stockholders, rather than liquidate NorthView; and •the continued indemnification of current directors and officers of NorthView and the continuation of directors’ and officers’ liability insurance after the Business Combination. In addition, I -Bankersand Dawson James Securities, the managing underwriters of NorthView’s IPO, received an aggregate of 450,000 representative shares of NorthView Common Stock in connection with the IPO. None of those shares will have any value if NorthView fails to complete an initial business combination and liquidates. Also, pursuant to a business combination marketing agreement (the “Business Combination Marketing Agreement”) executed by NorthView, I -Bankersand Dawson James in connection with the IPO, and as amended on November7, 2022 and subsequently modified on January19, 2025, in connection with the signing of the Merger Agreement, I -Bankersand Dawson James are entitled to receive a fee (the “Business Combination Marketing Fee”) from NorthView in connection with the Business Combination in an amount equal to an aggregate of $2,000,000 payable in cash. This fee is payable only in the event that the Business Combination closes. The aggregate amount would render the effective Business Combination Marketing Fee for the shares of non -redeemingpublic shareholders to be 24.6% under the No Redemption Scenario, and 40.0% under the Maximum Redemption Scenario (assuming the Closing can occur), on a percentage basis. •In accordance with the Business Combination Marketing Agreement (BCMA) from the NorthView SPAC IPO, I -Bankersand Dawson James as “Advisor” are responsible for holding meetings with NorthView shareholders to discuss the business combination and the target company’s attributes, introducing NorthView to potential investors to purchase the NorthView’s securities in connection with the business combination, assisting NorthView with obtaining shareholder approval for the business combination (including assistance with the proxy statement or tender offer materials), and assisting NorthView with any press releases, marketing materials and filings related to the business combination or the target company.There are/were no separate fee agreements between I -Bankersand Dawson James outside of the BCMA. •The financial advisors reviewed documents and work product provided by the target company including standalone investor materials prepared by the company and various documents in the company data room describing the company’s history and business plan, technology and diagnostic capabilities, and licensing relationships. The financial advisors also had several calls with key members of management and