Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 491

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 491
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9, 2024. May Special Meeting On May 10, 2024, BLAC convened a special meeting of its stockholders as scheduled and adjourned without any business being conducted. The meeting was reconvened on May 14, 2024 (the “May Special Meeting”). At the May Special Meeting, BLAC’s stockholders approved the proposal to amend the Current Charter to extend the date by which BLAC must consummate a business combination from May 14, 2024 to November 14, 2024. Following such approval by BLAC’s stockholders, BLAC has subsequently amended the Current Charter to extend the date by which BLAC must consummate a business combination to November 14, 2024. In connection with the May Special Meeting, 1,581,733shares of BLAC common stock were tendered for redemption at a redemption price of 312 approximately $10.78 per share for an aggregate redemption amount of $17,045,763, leaving $20,327,120 in the Trust Account immediately after the redemptions and a tax withdrawal by BLAC of $218,857. Additionally, BLAC deposited an extension payment of $50,000 into the Trust Account on each of May 14, 2024, June 13, 2024, July 12, 2024, August 13, 2024, September 10, 2024, and October 11, 2024. Annual Meeting of Stockholders On November 12, 2024, BLAC held an annual meeting of its stockholders (the “BLAC Annual Meeting”). At the BLAC Annual Meeting, BLAC’s stockholders approved two proposals to amend the Current Charter. The stockholders approved a proposal to amend the Current Charter to allow BLAC to extend the date by which BLAC must consummate a business combination from November 14, 2024 to February 14, 2025 (the “Extension Amendment Proposal”). The stockholders also approved a proposal to amend the Current Charter to remove the net tangible asset requirement in order to expand the methods that BLAC may employ so as not to become subject to the “penny stock” rules of the SEC (the “NTA Requirement Amendment Proposal”, and together with the Extension Amendment Proposal, the “BLAC Charter Amendment”). The BLAC Charter Amendment was filed with the Delaware Secretary of State and has an effective date of November 12, 2024. The stockholders also duly elected