Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 53

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 53
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will have no impact on the outcome of the Incentive Plan Proposal. • Director Election Proposal:The Director Election Proposal requires the approval of a plurality of the votes cast by the holders of BLAC Common Stock present in person or represented by proxy at such special meeting and entitled to vote thereon. A nominee must receive a plurality of all the votes cast only by holders of BLAC Common Stock at such special meeting, which means that the nominees with the most votes (up to a total of nine (9)) are elected. Withholding authority to vote shares with respect to one or more director nominees will have no effect on the election of these nominees. Broker non-votes will have no effect on the election of the nominees. • Nasdaq Proposal:The Nasdaq Proposal requires the vote of a majority of the votes cast by the stockholders present in person or represented by proxy at such special meeting and entitled to vote thereon. Abstentions and broker non -voteswill have no impact on the outcome of the Nasdaq Proposal. • Adjournment Proposal:The Adjournment Proposal requires the vote of a majority of the votes cast by the stockholders present in person or represented by proxy at such special meeting and entitled to vote thereon. Abstentions and broker non -voteswill have no impact on the outcome of the Adjournment Proposal. As of the Record Date, BLAC had [•] shares of BLAC Common Stock issued and outstanding. BLAC stockholders are entitled to one vote at such special meeting for each share of BLAC Common Stock held of record as of the Record Date. Assuming all holders that are entitled to vote on such matter vote all of their shares of BLAC Common Stock in person or by proxy, [•] shares will need to be voted in favor of the Business Combination Proposal, [•] shares will need to be voted in favor of the Charter Proposal, and [•] shares will need to be voted in favor of the Advisory Governance Proposals, the Incentive Plan Proposal, the Nasdaq Proposal and the Adjournment Proposal. Q:What are the recommendations of the BLAC Board? A:The BLAC Board believes that the Business Combination Proposal and the other proposals to be presented at the BLAC Stockholders’ Meeting are in the best interest of BLAC and its stockholders and unanimously recommends that its stockholders vote “FOR” the Business Combination Proposal, “FOR” the Charter 17 Proposal, “FOR” the Advisory Governance Proposals, “FOR” the Incentive Plan Proposal