Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 2120

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 9B
Chunk 2120
---
(35,995,728)
  
    Plus: Accretion on common stock subject to possible redemption 
     9,449,634 
  
    Balance, December 31, 2023 
     36,426,253 
  
    Less: Redemption of common stock in connection with Trust extension 
     (36,232,029)
  
    Plus: Accretion on common stock subject to possible redemption 
     1,653,419 
  
    Balance, December 31, 2024 
    $1,847,643 

NOTE 7–STOCKHOLDERS’ DEFICIT 

Preferred Stock 

The Company is authorized to issue 1,000,000 shares
of preferred stock with a par value of $0.0001 per share. As of December 31, 2024 and 2023, there were no shares of
preferred stock issued or outstanding.

Common Stock 

Pursuant to the Charter, the Company is authorized
to issue 100,000,000 shares of Common Stock, $0.0001 par value. 

As of December 31, 2024, there were 2,155,000 shares
of Common Stock outstanding, excluding 164,752 shares of common stock subject to possible redemption that are reflected in temporary
equity in the consolidated balance sheets. As of December 31, 2023, there were 2,155,000 shares of Common Stock outstanding,
excluding 3,467,954 shares of common stock subject to possible redemption that are reflected in temporary equity in the consolidated
balance sheets.

Common stockholders of record are entitled to
one vote for each share held on all matters to be voted on by stockholders.

F-21

OSR HOLDINGS, INC.

(f/k/a Bellevue Life Sciences Acquisition Corp.) 

NOTES TO
CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2024

Warrants 

As of December 31,
2024 and 2023, there were 7,330,000 Warrants outstanding. The Warrants that are a part of the Units (the “Warrants”)
may be exercised at a price of $11.50 per share, subject to adjustment as described in this prospectus. The Public Warrants will
become exercisable on 30 days after the completion of a Business Combination.

The Warrants have