Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 101

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 101
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 our business and future profits.

If the Company’s officers and directors serve as directors
or officers of majority-owned subsidiaries, those individuals will have fiduciary and other duties to those subsidiaries and
their minority stockholders, potentially causing conflicts of interest between their duties to the Company and their duties to those subsidiaries.

Certain of our directors or officers, including Mr. Hwang, are
also directors and/or officers of one or more of our subsidiaries and, if those subsidiaries were to become majority-owned subsidiaries
(as a result of third-party financing or investments), our officers would have fiduciary or other duties both to us and any majority-owned subsidiaries
(including future subsidiaries). The conflicts of interest that arise from such duties could interfere with the management of those subsidiaries
and their programs and product candidates, or result in disagreements with our majority-owned subsidiaries’ other stockholders.
For example, an individual who is both our director and a director of one of our subsidiaries, owes fiduciary duties to the subsidiary
and to us, and such individual may encounter circumstances in which his or her decision or action may benefit the subsidiary while having
a detrimental impact on us, or vice versa, or on another subsidiary. Further, our officers and directors who are also officers and directors
of any majority-owned subsidiaries will need to allocate his or her time to responsibilities owed to us and each of the subsidiaries
for which he or she serves as an officer or director, and will make decisions on behalf of one entity that may negatively impact others.
In addition, disputes could arise between us and our subsidiaries’ other directors, officers and stockholders regarding a conflict
of interest. Those stockholders also may disagree with the amount and quality of resources that we devote to the subsidiary in which they
are invested. Any such disputes or disagreements could lead to claims, and potential damages, of breach of fiduciary duties, and distract
our management, interfere with our relations with those stockholders, and take significant time to resolve. Those issues could disrupt
the development of our product candidates, delay our potential commercialization efforts, result in increased costs or make it less likely
that other third parties will choose to partner with us in the future.

Our employees, independent contractors, consultants, and partners
may engage in misconduct or other improper activities, including noncompliance with regulatory standards and requirements.

We face the potential risk of encountering fraudulent activities, misconduct,
or other unlawful behaviors involving