NorthView Acquisition extends business combination deadline to August 22

NorthView Acquisition Corp (NASDAQ:NVAC), currently trading at $12.51 and near its 52-week high of $12.76, has amended its Certificate of Incorporation to extend the deadline for completing a business combination from June 22, 2025, to August 22, 2025. The amendment was filed on Tuesday following approval by the company’s stockholders, who provided written consent representing at least 65% of voting power on June 27.

According to the company’s statement, the amendment allows NorthView Acquisition to continue operations in pursuit of a business combination. If the company does not complete a transaction by the new deadline, it will be required to cease operations and redeem or repurchase all shares of common stock issued in its initial public offering.

The company clarified that a previous filing on June 27 contained an incorrect extension date of July 22, 2025, which was corrected with the current amendment filed on July 1.

NorthView Acquisition Corp’s securities include common stock (NASDAQ:NVAC), rights (NASDAQ:NVACR), and redeemable warrants (NASDAQ:NVACW), as disclosed in the filing.

This information is based on a statement made in a recent SEC filing.

In other recent news, NorthView Acquisition Corp. has announced a significant transaction involving a Non-Redemption Agreement with I-Bankers Securities, Inc. and Dawson James Securities, Inc. This agreement allows these investment firms to purchase shares from shareholders who choose redemption in connection with NorthView’s upcoming Business Combination with Profusa, Inc. The transaction involved the purchase of 100,000 shares of common stock at $12.51 per share from a hedge fund that owns less than 5% of NorthView’s outstanding stock. This arrangement aims to ensure that the trust account balance remains above $1.25 million, thereby increasing the cash available for NorthView upon the closing of the Business Combination.

Additionally, a special meeting of stockholders was adjourned and rescheduled to reconvene later the same day via teleconference, where stockholders will vote on the merger. The company has reported that 52,784 shares of common stock were redeemed by stockholders in connection with this meeting. The additional cash from the Non-Redemption Agreement may potentially influence Nasdaq’s decision regarding the listing of NorthView’s securities following the Business Combination. These developments were disclosed in NorthView’s latest 8-K filing with the U.S. Securities and Exchange Commission.

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