Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 293

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 293
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 including
its expenses as a publicly traded company. The earnings from, or other available assets of, the Company may not be sufficient to pay expenses
or satisfy the Company’s other financial obligations.

The Company’s principal stockholders and management own
a significant percentage of Company Common Stock and are able to exert significant control over matters subject to stockholder approval.

Our executive officers, directors and their affiliates and our principal
stockholders beneficially hold, in the aggregate, approximately 92.9% of the outstanding shares of Company Common Stock. These stockholders,
acting together, would be able to significantly influence all matters requiring stockholder approval, including the proposals presented
at the Company Stockholders’ Meeting. For example, these stockholders would be able to significantly influence elections of directors,
amendments of our organizational documents, or approval of any merger, sale of assets, or other major corporate transaction. This may
prevent or discourage unsolicited acquisition proposals or offers for our common stock that stockholders may feel are in their best interests.

Lack of Business Diversification 

For an indefinite period of time after the completion of our initial
business combination, the prospects for our success may depend entirely on the future performance of a single business and a single industry—the
health care sector. Unlike other entities that have the resources to complete business combinations with multiple entities in one or several
industries, it is probable that we will not have the resources to diversify our operations and mitigate the risks of being in a single
line of business. By completing our initial business combination with only a single entity, our lack of diversification may:

●subject us to negative economic, competitive and regulatory developments,
any or all of which may have a substantial adverse impact on the particular industry in which we operate after our initial business combination,
and

●cause us to depend on the marketing and sale of a single product
or limited number of products or services.

Limited Ability to Evaluate OSR’s Management Team 

Although we attempted to closely scrutinize the management of OSR as
a target business when evaluating the desirability of effecting our initial business combination with OSR, our assessment of OSR’s
business’ management may not prove to be correct. In addition, the future management may not have the necessary skills, qualifications
or abilities to manage a public company. Furthermore, the future role of members of our management team, if any, in the target business
cannot presently be stated with any certainty. The determination as to whether any of the members