Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 595

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 595
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 control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ deficit. The Company’s common stock sold in the Initial Public Offering and over -allotmentfeatures certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, as of December 31, 2023 and 2022, 3,467,954 and 0shares of common stock subject to possible redemption are presented at redemption value as temporary equity, outside of the stockholders’ deficit section of the Company’s balance sheets, respectively. Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes” (“ASC 740”). Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to difference between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. Deferred tax assets were deemed to be de minimis as of December 31, 2023 and 2022. A summary of the Company’s current and deferred tax provision is as follows:

|                          |     | Year ended   
 December 31, 
 2023         |         |
|:-------------------------|:----|:-------------|--------:|
| Income tax expense:      |     |              |         |
| Federal                  |     | $            | 540,811 |
| State                    |     |              |       — |
| Total income tax expense |     | $            | 540,811 |

A reconciliation of the U.S. federal statutory income tax rate to the Company’s effective income tax rate is as follows:

|                                                      |     |   Year ended 
 December 31, 
         2023 |   |
|:-----------------------------------------------------|:----|-------------:|:--|
| Income tax expense:                                  |     |              |   |
| Provision/(Benefit) at Statutory Rate                |     |         21.0 | % |
| State Tax Provision/(Benefit) net of federal benefit |     |          0.0