Company: OSRH
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001213900-25-082061
Chunk: 37

Company: OSR Holdings, Inc.
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 37
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 such excess shares are approved by our stockholders. As noted above, because the ELOC Agreement accordingly prohibits our issuance of the company’s common equity in excess of 19.99% stockholder approval to exceed such level is first obtained, we are asking stockholders to approve the issuance of 20% or more of common stock to White Lion. Our board of directors is not seeking the approval of our stockholders to authorize our entry into the ELOC Agreement, as we have already entered into the ELOC Agreement on February 25, 2025. We are only asking for approval to issue to White Lion, 20% or more of our issued and outstanding common stock as constituted on February 25, 2025. Effect on Current Stockholders if the Nasdaq 20% Issuance Proposal is Approved Each additional share of our common stock that would be issuable to White Lion would have the same rights and privileges as each share of our currently outstanding common stock. The issuance of shares of our common stock to White Lion pursuant to the terms of the ELOC Agreement will not affect the rights of the holders of our outstanding common stock, but such issuances will have a dilutive effect on the existing stockholders, including the voting power and economic rights of the existing stockholders, and may result in a decline in our stock price or greater price volatility in the short term. Further, any sales in the public market of our shares of common stock issuable to White Lion could adversely affect prevailing market prices of our shares of common stock. Vote Required In order for this Nasdaq 20% Issuance Proposal to be approved, the affirmative vote of the majority of the votes cast by stockholders represented in person or by proxy at the Annual Meeting is required. The Board recommends that you vote “FOR” the Nasdaq 20% Issuance Proposal. 22

SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN BENEFICIAL OWNERS The following table sets forth information regarding the beneficial ownership of our common stock as of August 15, 2025, based on information obtained from the persons named below, with respect to the beneficial ownership of shares, by: •each person known by us to be the beneficial owner of more than 5% of our outstanding shares of common stock; •each of our executive officers and directors that beneficially owns shares of our common stock; and •all our executive officers and directors as a group. Beneficial ownership is determined according to the rules of the SEC, which generally provide that a